need the step by step process

The analysis of a set of financial statements for fiscal year 2000 yields the following measures. Rates of return refer to the retums on beginning of period balance sheet amounts. Return on common equity (ROCE) 19.7% 4.5% Net borrowing cost (after tax) Operating income Operating spread $105 million 9.5% 7.0% Operating profit margin (after tax) Free cash flow What is the Asset Turnover ratio? $55 million 03 02 0 2.4 1.8 What would be the firm's financial leverage in the beginnning of 2000? .60 .43 .37 0.34 Question 9 (1 point) If the firm's required return for operations is 10%. What was residual operating income for 2000? 30 32 43 23