Based on the balance sheet and the income statement below, what is the Return on Equity? Question 2 (10 points) Based on the balance sheet and income statement below, what is the Return on Sales? Based on the balance sheet and the income statement, what is the Earnings on Sales? \begin{tabular}{|l|} \hline 0.54 \\ \hline 0.45 \\ \hline 1.00 \\ \hline 0.82 \\ \hline 0.96 \\ \hline \end{tabular} Income Statement for Brookstone Feed and Grain Company, Year Ending December 31, 2014 Please refer to the balance sheet and the income statement below. For every $1 of current debt, how much current assets will there be? $1.00$0.82$2.30$0.96$1.00 Question 8 (10 points) Based on the balance sheet and the income statement, what is the inventory turnover ratio? Question 5 (10 points) Based on the balance sheet and the income statement, what is the Solvency ratio? Total Net Assets = (Total Current Assets - Total Current Liabilities) + (Total Fixed Assets - Total Long-term Liabilities) 0.0537or5.4%0.035or3.5%0.0147or1.5%0.1257or12.57%0.064or6.4% Question 10 (10 points) Based on the balance sheet and the income statement, what is the Debt-to-asset ratio? Question 7 (10 points) Continuing from the Question 6 above, pick which business manager will be happy about the resulting asset turnover ratio from the Question 6. Quick ratio is less than or equal to Current ratio. True False