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2 questions I need help with 1 ) The following information is provided for Carla Vista Co. and Martinez Corp.: (in $ millions) Carla Vista

2 questions I need help with

1 ) The following information is provided for Carla Vista Co. and Martinez Corp.:

(in $ millions)

Carla Vista Co.

Martinez Corp.

Net income 2017

$145

$400

Net sales 2017

1785

4570

Total assets 12/31/15

1035

2270

Total assets 12/31/16

1090

3130

Total assets 12/31/17

1155

4030

What is Martinez's return on assets (rounded) for 2017?

12.8%

9.9%

13.2%

11.2%

2)The 2017 financial statements of Blossom Company contain the following selected data (in millions).

Current assets$76Total assets175Current liabilities43Total liabilities82Cash7Interest expense5Income taxes10Net income19The debt to assets ratio (rounded) is

46.9%.

2.13%.

56.6%.

6.0 times.

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