Results from Excellence Corporation's most recent year of operations is presented in the following table. E (Click the icon to view the results.) Requirements 1. Calculate the profit margin, asset turnover, and return on investment (ROI). 2. Calculate the residual income. 3. Calculate the economic value added (EVA) Requirement 1. Calculate the profit margin, asset turnover, and return on investment (ROI). First, select the labels to complete the formula, and then calculate the profit margin. (Round the profit margin to the nearest whole number.) Results - Profit margin % Next, select the labels for the formula, and then calculate the asset turnover. (Round the asset turnover to two decimal places.) Operating income S 8,060 Asset turnover Total assets S 15,500 times Current liabilities S 3,000 Sales 31,000 Now select the labels for the formula, and then calculate the ROI. (Round the ROI to the nearest whole number.) Target rate of return. 15 % ROI Weighted-average cost of capital 9 % Tax rate.......... 25 % Requirement 2. Calculate the residual income. Select the labels for the formula, and then calculate the residual income. (Round the Rl to the nearest whole dollar.) Print Done Requirement 2. Calculate the residual income. Operating income s 8,060 Select the labels for the formula, and then calculate the residual income. (Round the Rl to the nearest whole dollar.) Total assets S 15,500 ) = RI Current liabilities 3,000 %) = Sales 31,000 15 % Requirement 3. Calculate the economic value added (EVA) Target rate of return. Weighted average cost of capital... 9 % Finally, select the labels for the formula, and then calculate the EVA (Round the EVA to the nearest whole dollar.) Tax rate........... 25 % - EC EVA - ) X Print Done