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All of the following questions are open-ended problems. You must compute an answer for every problem. For percentage answers, calculate your answer as a percent

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All of the following questions are open-ended problems. You must compute an answer for every problem. For percentage answers, calculate your answer as a percent rounded to 2 decimal places. For example, you would record ROA = .1263974 as 12.64% (note that on D2L you will enter 12.64 without the percent sign). For dollar answers, round to the nearest dollar. For example, you would record $12,345.83943 as $12,346 (note that on D2L you will enter 12346 without a comma and without the dollar sign). 13. Felton Farm Supplies, Inc. has an ROA (return on assets) of 12 percent, total assets of $400,000 and a net profit margin of 4.5 percent. What are Felton Farm Supplies annual sales? 14. Krisle and Kringle's debt-to-total assets ratio is 0.54.4 (i.e., debt ratio = 54.4%). What is the company's debt- to-equity ratio? (Enter answer as a ratio rounded to 2 decimal places - that is, do not convert to a percent; for example, enter 80/35 = 2.2857 as 2.29). 15. Philips, Inc has a debt ratio of 22.5% and ROE = 15%. What is Phillips' ROA? (Enter answer as a percent). 16. A firm has an ROA of 18% and a debt/equity ratio of 0.55. The firm's ROE is percent). (Enter answer as a

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