$7.$ Blue Fire has an equity multiplier of $2\mathrm{.}4,$ a total asset turnover of $\mathrm{.}35,$ and a profit margin of $8\mathrm{.}5$ percent. What is its ROE?

Question $7$ options:

$2\mathrm{.}9\%$

$6\mathrm{.}4\%$

$7\mathrm{.}1\%$

$5\mathrm{.}0\%$

$5\mathrm{.}7\%$

$8.$The Balance Sheet for Consolidated Industrial shows the following balances: notes payable $=$ $$648,000$; cash $=$ $$336,000$; accounts payable $=$ $$420,000$; accounts receivable $=$ $$630,000$; property plant and equipment $=$ $$3,612,000$; inventory $=$ $$1,008,000$; retained earnings $=$ $$1,260,000$; patents and copyrights $=$ $$672,000$; long$-$term debt $=$ $$3,360,000.$ What must the value for Common Stock be$?$

Question $8$ options:

$$774,000$

$$420,000$

$$570,000$

$$624,000$

$$1,446,000$