Bank A pays 18.6% interest compounded semi-annually (i.e. every six months), while Bank B pays 18.0% interest compounded daily. Which of the following represent the actual annual returns earned in Bank A and Bank B? A. 18.81% and 19.00% B. 18.81% and 19.12% C. 19.03% and 19.24% D. 19.14% and 19.24% E. 19.25% and 19.48% F. 19.25% and 19.60% G. 19.46% and 19.72% H. 19.57% and 19.72% QUESTION 8 More Profits, Inc. (MPI) earned a profit of 20% on sales of $24,000,000. Its balance sheet shows total assets of $8,000,000. What is the Total Asset Turnover ratio for MPI? A. 3.00 B. 2.88 C. 2.75 D. 2.63 E. 2.50 F. 2.38 G. 2.25 H. 2.13