blackboard.csustan.edu 2 - 2019-FL-FIN3220-004 Brett Eldredge - Wanna Be That Song (Official You The Tan Co. Remaining Time: 15 minutes, 17 seconds. Question Completion Status: QUESTION 1 The Gray Co. has total equity of $639,400 and net income of $151,700. The debt-equity ratio is 0.55 and the total asset turnover is 1.5. What is the profit margin? 12.36 percent 16.28 percent 14.18 percent 10.20 percent QUESTION 2 A firm has net income of $22,850, depreciation of $4,600, taxes of $9,150, and interest paid of $3,500. What is the cash coverage ratio? 15.41 12.22 14.12 11.46