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10. Henderson's Hardware has an ROA of 11%, a 7% profit margin, and an ROE of 21%. What is its total assets turnover? Do not

10. Henderson's Hardware has an ROA of 11%, a 7% profit margin, and an ROE of 21%.

What is its total assets turnover? Do not round intermediate calculations. Round your answer to two decimal places.

What is its equity multiplier? Do not round intermediate calculations. Round your answer to two decimal places.

11.

Find the amount to which $400 will grow under each of these conditions:

  1. 6% compounded annually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

  2. 6% compounded semiannually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

  3. 6% compounded quarterly for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

  4. 6% compounded monthly for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

  5. 6% compounded daily for 7 years. Assume 365-days in a year. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

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