During 2015, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the firm earn during the year? O a. $76,781 O b. $66,339 O c. $56,511 O d. $57,125 O e. $61,425 A Moving to the next question prevents changes to this answer. Mike Flannery holds the following portfolio: Stock Investment Beta A $150,000 1.40 B $50,000 0.80 $140,000 1.00 D $100,000 1.20 Total $400,000 What is the portfolio's beta? Do not round your intermediate calculations. O a. 1.45 O b.1.19 O c. 1.47 O d.1.30 O e. 1.28 8 points Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 15.0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. O a. 7.42% O b.9.03% O c. 8.85% d. 11.09% e. 8.94% A Moving to the next question prevents changes to this answer. Question 31