20. What will be Gamma Inc.'s return on equity if total asset turnover is 0.85, operating profit margin is 0.15, two-thirds of its assets are financed through equity, and debt burden is 0.6? A. 9.56% B. 11.48% C. 16.96% D. 38.25% 21. Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. The firm has 55,000 shares of stock outstanding that sell for $11 a share. What is amount of market value added? A. $389,000 B. $474,000 C. $1,073,000 D. $123,712 22. An asset turnover ratio of 1.75 can be interpreted as: + A. $1.75 in sales are generated by every $l of assets. B. $1.75 in additional assets are generated by every $l of sales. C. $1.75 in assets are used to generate Sl of sales. D. $1 in sales are used to generate $1.75 in assets