1. Holmes Inc. has a quick ratio of 0.70, current liabilities of $21,500, net working capital of $1200, and sales of $14,500. How much does it have in inventory? 2. Watson Co. has net income of $235,000, a return on assets of 12.5%, and a debt-equity ratio of 0.52. What is its return on equity? 3. Lestrade Plc. has net income of $16,000 and a profit margin of 8%. It also had costs (including depreciation) of $154,000 and a tax rate of 21%. What is the firm's times interest earned ratio? (Hint: you will need to construct Lestade's income statement to do this problem). 4. The Mycroft Inquiries Group has a price-earnings ratio of 17.5, net income of $194,000, a book value per share of $22.22, and 70,000 shares of stock outstanding. What is its market to book ratio