a$.$ Calculate Salco's total asset turnover, operating profit margin, and operating return on assets.

What will be the new operating return on assets for Salco after the plant's renovation?

a$.$ Calculate Salco's total asset turnover, operating profit margin, and operating return on assets.

The total asset turnover is $$ X$.($Round to two decimal places.$)$

The operating profit margin is $,\%.($Round to one decimal place.$)$

The operating return on assests $i,.($Round to one decimal place.$)$

What will be the new operating return on assets for Salco after the plant's renovation?

The new operating return on assets after the plant renovation is

$\%.($Round to one decimal place.$)$

The pre$-$renovation rate of return on common equity is

$\%.($Round to one decimal place.$)$

Post$-$Renovation Analysis: Net income available to common stockholders following the renovation was calculated as follows:

The new operating profits are $$.($Round to the nearest dollar.$)$

The earnings before taxes are $$,].($Round to the nearest dollar.$)$

The net income available to common stockholders is $$.($Round to the nearest dollar.$)$

The post$-$renovation rate of return on common equity is $,\%.($Round to one decima Sales:$4500000$ COGS:$(3,500000)$ Gross profit:$1000000$ Less Operating expenses: $(500000)$ Operating profits $500000$ Less interest ecpense $(100000)$Earnings before taxes$400000$ Less taxes $21\%(84000)$ Net income $316000$a$.$ Calculate Salco's total asset turnover, operating profit margin, and operating return on assets.

What will be the new operating return on assets for Salco after the plant's renovation?

a$.$ Calculate Salco's total asset turnover, operating profit margin, and operating return on assets.

The total asset turnover is $$ X$.($Round to two decimal places.$)$

The operating profit margin is $,\%.($Round to one decimal place.$)$

The operating return on assests $i,.($Round to one decimal place.$)$

What will be the new operating return on assets for Salco after the plant's renovation?

The new operating return on assets after the plant renovation is

$\%.($Round to one decimal place.$)$

The pre$-$renovation rate of return on common equity is

$\%.($Round to one decimal place.$)$

Post$-$Renovation Analysis: Net income available to common stockholders following the renovation was calculated as follows:

The new operating profits are $$.($Round to the nearest dollar.$)$

The earnings before taxes are $$,].($Round to the nearest dollar.$)$

The net income available to common stockholders is $$.($Round to the nearest dollar.$)$

The post$-$renovation rate of return on common equity is $,\%.($Round to one decimal place.$)$

Is the above statement true or false? $(1)$

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$3$: Data Table

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Salco Inc. Balance Sheet