8. Zoom has inventory turnover of 4x, it has sales of $200,000. In addition it has current assets of $270.000 and current liabilities of $80,000. The quick ratio for the company is: a) 2.75% b) 2 80x c) 3.37% d) 4.23 e) None of the above 9. Zoom has Quick ratio of 3x sales of $120.000, in addition it has current assets of $170,000 and current liabilities of $50,000. The inventory turnover ratio for the company is: a) 3.00x b) 400x c) 5.00x d) 6.00% e) None of the above 10. LSP Manufacturing recently reported Net income of $350.000. Interest expense $112.000. It has ROA of 8% and it fall in the 30% tax bracket. The Basic earning power (BEP) of the company is: * a) 8.00% b) 12.05% c) 13.98% d) 15.89% e) None of the above