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38) On December 31, Copper Corporation has the following data available: Net Income Interest expense Preferred dividends Total assets at the beginning of the year

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38) On December 31, Copper Corporation has the following data available: Net Income Interest expense Preferred dividends Total assets at the beginning of the year Total assets at the end of the year Total common stockholders' equity at the beginning of the year Total common stockholders' equity at the end of the year $200 20 10 820,000 570,000 500 What is the leverage ratio? (Round your final answer to two decimal places.) A) 0.68 B) 1.52 C) 1.48 D) 0.37 39) On December 31, Sulfur Corporation has the following data available: $140,000 et Income nterest expense Total assets at the beginning of the year Total assets at the end of the year Total stockholders' equity at the beginning of the year Total stockholders' equity at the end of the year 30,000 760,000 840, 490 250 What is return on assets? (Round your final answer to two decimal places, x xx%) A) 11.25% B) 15.00% C) 32.43% D) 17.50%

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