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Question 24 A firm has sales of $3,850, total equity of $2,130, and a net profit margin of 4 percent. What is the return on equity? 4.25 percent 13.83 percent O 7.23 percent O 4.00 percent O 4.34 percent -> A Moving to another question will save this response. Question 25 3.5 points Save Answer Marshall's & Co. purchased a corner lot five years ago at a cost of $780.000. At the time of the purchase, the company spent $58,000 to grade the lot and another 54,800 to build a shack on the lot to house a parking lot attendant who has overseen the use of the lot for daily commuter parking. The lot and shack were recently appraised at and could be sold for $842.000 after tax. The company now wants to build a new retail store on the site. The retail store construction cost will be 51.270,000. What amount should be used as the initial cash flow for this project? -$2,050,000 0-52.122.600 O-52,060,600 O-52.117.800 -$2.112.000