Gary corp. recently reported net income of $50,800 on total sales of $642,100. An examination of its income statement revealed that earnings before interest and taxes were $93,900. An examination of the batance sheet reveated total assets of $658,000 and total liabilities of $213,600 while current assets were $153,500 and current liabilities were $78,900. The values of the three components of the DuPont Identity are: A. 7.91 percent. 1.02,1.48 B. 8.57 percent, 1.02,.68 C. 7.91 percent, .98,1.48 D. 11.43 percent, .98,.68 E. 11.41 percent, 1.02,1.48 A furm starts its year with a positive net working capital. During the year, the firm acquires more short-term debt than it does short-term assets. This means that: A. The ending net working capital will be negative. B. Both accounts receivable and inventory decreased during the year. c. The begiming ourrent assets were less than the begiming ourrent liabilities D. Accounts payable increased and inventory decreased during the year. E. None of the above