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13. What's the present value of a perpetuity that pays $300 per year if the interest rate is 8%? O a) $3.250 Ob) $3.440 c)
13. What's the present value of a perpetuity that pays $300 per year if the interest rate is 8%? O a) $3.250 Ob) $3.440 c) $3,750 O d) $3.960 e) None of the above 14. Adams Corp's sales last year were $57,000, and its total assets were $24.000. What was its total assets turnover ratio (TATO)? a) 2.375X Ob) 0.42X O.) 2.8% d) 3.2x O e) None of the above 15. Lina's Corp's sales last year were $652,500, its operating costs were $543,750, and its interest charges were $18,750. What was the firm's times-interest-earned (TIE) ratio? a) 5.8% Ob) 8.5% OC) 5.2% d) 6.3% e) None of the above
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