7. Suppose that a parent company acquires a subsidiary and the following is an elimination entry before you prepare consolidated financial statements as of the date of acquisition. Common stock 200,000 Retained earnings 100,000 Land 10,000 Building 60,000 Goodwill 17,500 Investment in subsidiary 310,000 NCl in net assets of subsidiary 77,500 Now assume that in the first year of acquisition, the subsidiary reports a net income of 20,000 TL and declares a dividend of 12,000TL. The useful life of the building is 10 years. The parent applies eguity method. What amount will be reported as noncontrolling interest on the consolidated balance sheet? a) 77,900T b) 79,100T c) 80,300TL d) 81,500TL 8. Suppose that net profit margin is 30%, asset turnover rate is 50%, and debt-to-equity is 2 . What would be the ROE? a) 45% b) 50% c) 55% d) 60% 9. Suppose that a company is established in the beginning of the year 2020. As of the 2020 year end, you have the following data: (a) Current ratio =1.2; (b) Equity multiplier =4; (c) Fixed assets/Invested capital = 0,4; (d) Total liabilities =3.000 TL. You have also the following additional data for the year 2020: (a) Revenue =10.000TL; (b) Gross profit margin =50%; (c) QpEx=4.000TL; (d) Depreciation expense = 100TL; (e) Interest expense = 300TL; (f) Income tax =20%; (g) price per share =2TL. What is ROIC? a) 1.00 b) 0.27 c) 0.80 d) 0.56