Please use a couple of concise and directed sentences to type your responses to each of the following questions.

Please review the financial economic profit calculation you completed in the Excel Practice Set to answer the questions:

1. Please comment on the trend in Toyota's operating income over the past five years.
2. Please remember that Beta is a measure of risk that consequently drives the cost of equity number and consequently the weighted average cost of capital. Please review Toyota's beta and comment on whether you believe this to be an accurate representation of Toyota's risk.
3. Review the market weights of debt and equity for Toyota relative to the others in the industry. Is this level of debt too high, too low, misrepresented? Why?
4. Review Toyota's economic profit trend for the five years. Is this trending in the right direction, too high, too low, misrepresented because of some factor? How or why?
5. Remember that strengths are internal to the firm and are things that allow positive net present value enhancing projects in the future.What do you believe to be Toyota's biggest internal strength?Why?

PLEASE CITE EACH QUESTION TO AN ONLINE SOURCE. PLEASE USE THE EXCEL SHEET PROVIDED. THANK YOU SO MUCH!!!

Required return (weighted average cost of capital)