Use the following information to answer questions 7-9 The analysis of a set of financial statements for fiscal year 2000 yields the following measures. Rates of return refer to the returns on beginning of period balance sheet amounts. Return on common equity (ROCE) 19.7% 4.5% Net borrowing cost (after tax) Operating income Operating spread $105 million 9.5% Operating profit margin (after tax) 7.0% Free cash flow $55 million What is the Asset Turnover ratio? 3 O2 2.4 1.8 What would be the firm's financial leverage in the beginnning of 2000? 0.60 0.43 0.37 0.34 If the firm's required return for operations is 10%. What was residual operating income for 2000? O 30 O 32 43 23