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6 7 Taylor's Men's Wear has a debt-ratio of 42 percent, sales of $749,000, net income of $41, 300, and total debt of $198, 400.

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Taylor's Men's Wear has a debt-ratio of 42 percent, sales of $749,000, net income of $41, 300, and total debt of $198, 400. What is the return on equity? 7.79 percent 8.41 percent 8.74 percent 9.09 percent A firm has 160,000 shares of stock outstanding, sales of $1.94 net million, net income of $126, 400, a price-earnings ratio of 18.7, and a book value per share of $9.12. What is the market-to-book ratio? 1.62 1.84 2.23 2.45 Your grandmother invested one lump sum 42 years ago at 3.5 percent interest. Today, she gave you the proceeds investment which totaled $28, 204.37. How much did your grandmother originally invest? $4, 500

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