P Herring Corporation has operating income of $235,000 and a 40% tax rate. The firm has short-term debt of $115,000, long-term debt of $321,000, and common equity of $436,000. What is its return on invested capital? a . 15.50% O b. 16.17% DOC. 18.27% O d. 14.92% O e 17.42% Question of 20 Helmuth Ine's latest net income was $1,410,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations O a $2.37 > O b. $2.45 Oc$2.82 O d. $3.13 O e $2.96 Zero Corp's total common equity at the end of last year was $370,000 and its net income was $70,000. What was its ROE? O a. 16.92% - O b. 15.32% O c. 17.41% O O d. 18.92% O e 14.57% Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin? O a. 9.20% O b. 9.57% O c 11.32% O d. 8.37% DO e. 9.38%