9. Braam Fire Prevention Corp. has a profit margin of 6.80 percent, total asset turnover of 1.95, and ROE of 18.27 percent. What is this firm's debt-equity ratio? * 20% O 50% 83% 38% O None of the above 2:10 v LTE docs.google.com 10. Assume that icon Co. 2014 current assets totaled for $40.000, they paid out $16,000 in the form of account payable and $4,000 as accruals and $5,000 in notes payable and in 2015 they had a NWC of $20.000. Calculate the change in net working capital $ 20,000 $ 15.000 $0 $ 17,000 None of the above 11. For its most recent year, a company's net income is $600,000 The applicable tax rate is 40% and the average annual interest rate is 8%. The bonds outstanding portfolio is $1.500.000 and the equity outstanding portfolio is $2,500,000 Depreciation and amortization equal $150.000 What is the times interest earned ratio for the company in times)? 3.3 9.3 73 None of the above + 1 21 2:10 v LTE docs.google.com 12. TSE Co. has current liabilities of $365,000, a quick ratio of 0.85. inventory turnover of 5.8, and a current ratio of 1.4. What is the sales levei for the company? $1,164,350 $2,187,330 $1,111,396 $0 None of the above 13. LSP Construction recently reported $100 million of sales. $50 million of operating costs other than depreciation, and $30 million of depreciation. It had $10 million interest expense, and its federal- income tax rate was 40%. What was LSP operating income, or EBIT, in millions? $20 $ 30 $ 10 $6 None of the above + 21