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I need help in this question, I have only 30 minutes and i need fast help please Question 37 A firm has the following financial

I need help in this question, I have only 30 minutes and i need fast help please

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Question 37 A firm has the following financial information: Return on Assets - 89, Avg. Total Assets = $10,000,000 and Avg. Total Equity = $6,000,000 What is the firm's Return on Equity? O 3.296 4.896 1296 13.3396 2096 Cannot be determined without net income Question 39 Use the following information to answer this question. Windswept. Inc. Year 2 Income Statement is in millions) Net sales $9,100 Less: Cost of goods sold 7.500 Less: Depreciation 425 Earnings before interest and taxes $1,175 Less: Interest paid 90 Taxable income $ 1,085 Less: Taxes 380 Net income $ 705 Windswept. Inc. Year 1 and Year 2 Balance Sheets (5 in millions) Year 1 Year 2 Cash $ 190 $ 225 Accounts payable Accounts rec. 1,000 900 Long-term debt Inventory 1,600 1.610 Common stock Total $ 2,790 $ 2,735 Retained earnings Net fixed assets 3,340 3.790 Total assets $ 6,130 $6.525 Total liab. & equity Year 1 $ 1.300 1,040 $ 3,290 500 Year 2 $ 1.530 1,305 $ 2,940 750 $ 6,130 $ 6,525 What is the return on equity for Year 2? (round to the nearest %) O 3996 O 199 319 o o o 2296 249

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