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Exam I FINA314 Page 9 of 10 23. 4t-Heming Corporation has operating income of$225,000 and a 30% tax rate. The firm has short- term debt

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Exam I FINA314 Page 9 of 10 23. 4t-Heming Corporation has operating income of$225,000 and a 30% tax rate. The firm has short- term debt of $120,000, long-term debt of $330,000, and common equity o return on invested capital? (answer should be in percentage) f $450,000. What is its 1 2 0,000 22S,000-31 3 30,ou 4 50,000 o00 157, sod 24. 6pt-This link contains Apple SEC filing: Look for Apple Consolidated Financial Statements in the Form l0-K year 2017. (Part of the task is to for the information.) a. Calculate Apple 2017 ROA. (answer should be in percentage) 2pt a. 86 b. Calculate Apple 2017 ROE. (answer should be in percentage) 2pt c. Calculate Apple 2017 Quick Ratio. (answer should be in percentage) 2pt 1.2920

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