Beat eggs until light; gradually beat in sugar. Alternately add salad oil and flour sifted with soda, cinnamon and salt. Mix well.
Fold in carrots, coconut and walnuts. Spread evenly in two greased 13 X 9 X 2" pans.
Bake in moderate oven (350°) 25 to 30 minutes. Set pans on racks and cool. Spread with Cream Cheese Frosting, then cut in 3 X 1" bars. Remove from pans and place in covered container. Store in refrigerator or freezer.