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Holden & Hartline Co (HHC) has the following financial information for 2019: Sales Cost of Goods Sold Gross Profit $10,000,000 4.000.000 6.000.000 Current Assets PP&E

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Holden & Hartline Co (HHC) has the following financial information for 2019: Sales Cost of Goods Sold Gross Profit $10,000,000 4.000.000 6.000.000 Current Assets PP&E Assets Total Assets $3,500,000 6.500,000 $10,000,000 Net Income 2,000,000 Current Liabilities $1,000,000 Long-term Debt 3,000,000 Shareholder Equity. 6,000,000 Total L and SHE $10,000,000 Use the information above to answer the following three questions. What is Holden & Hartline's margin? 20% 33.3% O 50% O 60% What is Holden & Hartline's asset turnover ratio? O 0.20 01.00 O 1.71 02.86 Question 18 (4 points) What is Holden & Hartline's equity multiplier? O 0.58 1.00 1.67 2.50

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