5. In your new job, your boss has asked you to come up with a plan to improve the firm's working capital management and efficiency. You are piven the firm's financial statements. What is the most useful information for you to calculate and analyzo? a Solvency ratios b. Leverage ratios e. Turnover ratios d. Profitability ratios 6 Suppose you have a credit card that charges an interest rate of 229. (APR), compounded daily (not an unusual situation). How much greater in the EAR than the APR 21.72% b, 2016 c. 2.60% d 3.1096 7. Suppose you have just bought a house that has a price of $289.000 If you finance 100% of the purchase price at an interest rate of 483% compounded monthly, for 20 years, what is the monthly payment on the mortgage? 1. $1.487 b. $1,567 c. $1,880 d. $2,406