ABC Corporation has a sales level of $280, 000 with 10% profit margin before interest and taxes. The corporation maintains a fixed asset investment of $100,000 and is an all-equity financed firm. Currently ABC Corporation maintains $50,000 in current assets.

A) determine the total asset turnover for the firm and compute the ROR (rate of return) on total assets before taxes

B) Compute the before tax rate of return on assets at different levels of current assets starting with $10K and increasing in $15K increments to $100,000