Arshadi Corp.'s sales last year were $38,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)? Select the correct answer. a. 3.13 b. 2.43 c. 3.83 d. 4.53 e. 1.73

Orono Corp.'s sales last year were $510,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio?

Select the correct answer.

a. 9.80

b. 8.80

c. 12.80

d. 10.80

e. 11.80