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Part $1$

$($Analyzing operating return on assets$)$ The D$.$ A$.$ Winston Corporation earned an operating profit margin of $10\mathrm{.}8$ percent based on sales of $$$$10\mathrm{.}5$ million and total assets of $$$$5\mathrm{.}1$ million last year.

a$.$ What was$$ Winston's total asset turnover$$ ratio?

b$.$ During the coming year the company president has set a goal of attaining a total asset turnover of $3\mathrm{.}4.$ How much must firm sales$$ rise, other things being the$$ same, for the goal to be$$ achieved? $($State your answer in both dollars and percentage increase in$$ sales.$)$

c$.$ What was$$ Winston's operating return on assets last$$ year? Assuming the$$ firm's operating profit margin remains the$$ same, what will the operating return on assets be next year if the total asset turnover goal is$$ achieved?

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Part $1$

a$.$ What was$$ Winston's total asset turnover$$ ratio?

$$Winston$\text{'}$s total asset turnover ratio was

$$

enter your response hereX. $($Round to one decimal$$ place.$)$