1. AAA's inventory turnover ratio is 13.27 based on sales of $14,200,000. The firm's current ratio equals 3.97 with current liabilities equal to $860,000. What is the firm's quick ratio? (Round your answer to two decimal places.)

	3.97
	2.73
	3.45
	1.55
	4.90

2. Russell Securities has $239 million in total assets and its corporate tax rate is 40%. The company recently reported that its basic earning power (BEP) ratio was 40% and its return on assets (ROA) was 14%. What was the company's interest expense? (Answers are in millions.)

	$22.31
	$62.14
	$95.60
	$143.40
	$39.83