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Firm X Y Assets $1.2 million $1.7 million Debt $600,000 $1.3 million Sales $3.5 million $3.5 million Earnings $277,000 $377,000 1.Utilizing the information above, the

Firm

X

Y

Assets

$1.2 million

$1.7 million

Debt

$600,000

$1.3 million

Sales

$3.5 million

$3.5 million

Earnings

$277,000

$377,000

1.Utilizing the information above, the Profit Margin percentages of Firm X and Y are?

2 Utilizing the information above in Question 2 -Table 1, the Asset Turnover Ratio of Firm X and Y are?

3Utilizing the information in Question 2 -Table 1 above, the Equity Multiplier of Firm X and Firm Y are?

4Utilizing the information in Question 2 - Table 1 above, the Return on Equity percentages of Firm X and Firm Y?

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