DeBauge Realtors Incorporated is a realty firm owned by Jeff and Kristi DeBauge. The DeBauge family owns 100% of the corporation's stock. The following For the Year Ended December 31, 2022: Commissions revenue Cost of services provided Advertising expense Operating income Interest expense Income tax expense Net income At December 31, 2022: Assets $ 144 58 31 $55 6 16 $33 Accounts receivable, net Cash and short-term investments $32 Property, plant, and equipment, net 41 121 Total assets $194 Liabilities and Stockholders' Equity $90 9 47 22 26 $ 194 Accounts payable Income taxes payable Notes payable (long term) Paid-in capital Retained earnings Total liabilities and stockholders' equity At December 31, 2021, total assets were $204 and total stockholders' equity was $48. There were no changes in notes payable or paid- in capital during 2022. Required: a. What particular expense do you suppose accounts for the largest portion of the $58 cost of services provided? b. The cost of services provided amount includes all operating expenses (i.e., selling, general, and administrative expenses) except advertising expense. What do you suppose the primary reason was for DeBauge Realtors Incorporated to separate advertising from other operating expenses? c. Calculate the effective interest rate on the notes payable for DeBauge Realtors Incorporated. d. Calculate the company's average income tax rate. (Hint: You must first determine the earings before taxes.) e. Calculate the amount of dividends declared and paid to Jeff and Kristi DeBauge during the year ended December 31, 2022. (Hint: Do a T-account analysis of retained earnings.) What is the company's dividend policy? (What proportion of the company's earings are distributed as dividends?) f. DeBauge Realtors Incorporated was organized and operates as a corporation rather than a partnership. What is the primary h. Overtaget of the compofale foing oapusiness theatery freti Yderitpastangohepanyoleftuidity i. Calculate ROI (including margin and turnover) and ROE for the year ended December 31, 2022. Required A Required B Required C and D Required E1 Required E2 Required F1 Required F2 Required H1 Required H2 Required! Assess the company's overall liquidity. The company's overall liquidity is bad. H. Calculate the amount of working capita and the current ratio at Dec. 312022. Assess the company's overall requidity