can you help with the answers for question 2, 3, &4?


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can you help with the answers for question 2, 3, &4? Exam%203%20Take-home%20Part%202%20Students.docx BA252-01 Spring ’16 NAME:___________________________________ EXAM 3 Take-home D) The Engine Division of The Cleveland Automotive Corporation had sales of $7,200,000 and operating income of $864,000 last year. The total assets of the Engine Division were $3,200,000 while current liabilities were $800,000. The Cleveland Automotive Corporation’s target rate of return is 13% while its weighted average cost of capital is 9%. The effective tax rate for the company is 45%. Required: 1. 2. 3. 4. Calculate Calculate Calculate Calculate the the the the sales margin. capital turnover. return on investment (ROI). residual income.

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