If a firm had sales of $4,500,000 and net income of $360,000 with a total asset turnover of 1.85 and a debt ratio of 0.7, what was their return on equity? a. 49.33% b. 22.00% c. 7.35% d. 44.00% Your firm had sales of $850,000 and accounts receivable of $38,000, what was your Days Sales in Receivables? a. 37.79 days b. 21.16 days c. 16.32 days d. 17.34 days Which of the following is considered a solution to the agency problem? a. Separating management from owners b. Making the CEO the Chairman of the Board of Directors c. Compensating managers with stock that must be held for five years d. None of the above tion