(Round all answers to two decimals) 3. A) Calculate Total Asset Turnover B) Calculate Equity Multiplier C) Calculate ROA Balance Cash 100 Accounts Payable 500 Accounts Receivable 800 Accrued Liabilities 200 Inventory 1,000 Current Liab. 700 Current Assets 1,900 L.T. Debt 1,000 Net PP&E 1,100 Stockholder's Equity 1,300 Total Assets 3,000 Liab. & Equity 3,000 Income Sales $ 4,000 COGS 2,400 SG&A Expense 800 Depreciation Expense 400 Earnings Before Interest and Taxes (EBIT) 400 Interest Expense 100 Earnings Before Tax 300 Taxes 120 Net Income 180 The tax rate is 40%.