b.

c.

Outsion 1.10 Moving to the next question prevents changes to this answer Question 1 Saltwater Steakhouse has the following balance sheet for last year. Their sales last year were $ 80 Milion and their Net income last year was $10 million Compute the companys Prof Margin PM 5 points fowe Ans % and Total Asset Turnover times (Round to two decimals) Cash $ 3M Accounts Payable $ 2M Accounts Receivable 5M Notes Payable $ 10 M Inventory 5.20 M Acctvals 55M Total Current Assets $ 28 M Total Current Liabilities $ 17M Fixed Assets $.72M Total Long Term Debe $ 23 M Shareholders. Eguby S 60M $100 M Total Assets S 100 M Total Liabilities and Equity Question 1/50 Close Wadow Question 3 Yancy's Trucking had the following balance sheet last year with $7 M in Net Income. Calculate the Return on Equity (ROE) for Yancy's. (Enter answer as a percentage), L Total Current Assets Total Fixed Assets $40M S60M Total Current Liabilities Long Term Debt Common Stock Retained Earnings Total Liabilities and Equity $ 5M $25 M $ 20 M $ 50 M $100M $100 M Total Assets Question Close W % > A Moving to the next question prevents changes to this answer. Question 5 of 10 Question 5 5 points Save Answer Yancy's Trucking had the following balance sheet last year with $7 M in Net Income. What would be the Total Shareholders Equity on the Common Site Balance Sheet? (Enter answer as a percentage). Total Current Assets $40M Total Current Liabilities $ 5M Total Fixed Assets $60M Long Term Debt $ 25M Common Stock $ 20 M Retained Earnings $ 50 M $100M Total Assets $100 M Total Liabilities and Equity Que Moving to the next question prevents changes to this