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Please answer both :) Question 6 (1 point) Given the following data: EBIT = $250,000; NI = $150,000; Common Equity = $1,000,000; Total Assets =

Please answer both :)image text in transcribed

Question 6 (1 point) Given the following data: EBIT = $250,000; NI = $150,000; Common Equity = $1,000,000; Total Assets = $1,500,000; Annual Sales = 2,500,0000; Calculate the ROE (Return on Equity) 15% 12% 10% 25% Question 7 (1 point) Given the following data: Annual Sales = $1,500,000; Building and Machinery = $300,000; Total Assets = 500,000; Calculate the Total asset turnover ratio: 2.5 times 5 times 4 times 3 times

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