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(Profitability analysis) The RMSmithers Corporation camed an operating pro g in of 10.1 percent based on sales of 510 4 million and total assets of

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(Profitability analysis) The RMSmithers Corporation camed an operating pro g in of 10.1 percent based on sales of 510 4 million and total assets of milion last year .. What was Smithers' local a umova ratio b. During the coming year the company's president has set a goal of attaining a totalassemover of 3.1. How much must sales increase other is being the same for the goal to be achieved (State your answer in both dollars and the corresponding percent increase in sales) What was Smithers operating return on assast year? Assuming the firm's operating profit margin remains the same what will the operating out on a bened year if the lot u rnovergesaved a. What was Smithers' total t urnover ratio? The company's total asset turnover rates Round to one decimal place)

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