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Related to Checkpoint 3) Analyzing Profitability) in 2016, the Allen Corporation had sales of $61 million total assets of $45 million, and total liabilities of $24 million. The interest rate on the company's debt is 5.6 percent, and its tax rate is 35 percent. The operating profit margin is 14 pe 1. Compite the firs 2015 net operating income and net income b. Calculate the firm's operating return on assets and return on equity (Hint You can assume that interest must be paid on all of the firm's liabilities) Compute the firm's 2016 net operating income and net income The firm's 2016 net operating income is 17170814 million (Pound to two decimal places) Help me solve this View an example Get more help Clear all C Flag Docum Mostly cloudy