Review the chapter’s opening feature involving Iti/C’liaii'.eoni. Assume that the cimipany currently has net sales of $K,(K)(),()()(), and that it is planning an expansion that will increase net sales by $4.()()0,()()(). T(^ accomplish this expansion, Mi/C'hair.com itiust increase its average total assets from .$2,.S()0,(K)() to $3,()0(),()()().

Required 1. Compute the company’s total asset turnover under (n) current comlitions and (/>) proposeil coi\ditiot\s.

2. Evaluate and comment on the merits of the proposal given your analysis in part 1. Identify any ctm cents you woulil express tibout the propos.il.