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if you answer just 1 question please dont answer. because my question posting not enough. thank you 18. A firm has a current ratio of

if you answer just 1 question please dont answer. because my question posting not enough. thank you

18. A firm has a current ratio of 2.4, a quick ratio of 1.5, an inventory turnover of 6 times, and current liabilities of $600,000. What is the firm.s level of sales?

a. $1,420,000

b. $1,960,000

c. $2,160,000

d. $3,240,000

19. The present value of an annuity for 5 years at 10% is 3.7908. The future value of an annuity for 5 years at 10% is 6.1051. How much will you have to pay each year on a $10,000 mortgage at 10% interest with a 5 year maturity?

a. $1,594.36

b. $2,637.97

c. $3,790.80

d. $6,105.10

20. A firm that must pay $2,000,000 in preferred dividends has $3,000,000 available for preferred and common dividends. It has 400,000 shares of common stock outstanding, and a .4 dividend payout ratio. The firm.s dividend per common share is

a. $1.00

b. $1.50

c. $5.00

d. $7.50

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