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please number 2 and 3 urgent ROI, RI and Economic Value added Newton Manufacturing company earned operating income last year as shown in the following

image text in transcribedplease number 2 and 3 urgent

ROI, RI and Economic Value added Newton Manufacturing company earned operating income last year as shown in the following income statement Sales $3,750,000 Cost of goods sold 2, 250.000 Gross Margin $1,500,000 Selling and administrative expenses 1.200.000 Operating Income $ 300,000 Less: Income taxes (@40%) $ 120,000 At the beginning of the year, the value of operating assets was $1.600.000. At the end of the year, the value of operating assets was $1. 400,000 Required 1. Calculate the return on Investment 2. Calculate residual income assuming that Newton manufacturing company requires a minimum rate of return of 5% 3. If the total capital employed of Newton is $1,200,000 and the actual cost of capital is 4%, what is the EVA of Newton manufacturing

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