Please show math/work:

6. At the end of 2015, the current ratio for Company A was 0.5, and the current ratio for Company B was 2.0. For both companies, accounts receivable, inventory, and accounts payable did not change during 2016. During 2016, Company A issued some long-term debt and put the proceeds in its cash account; Company B used some existing cash to repurchase stock. What will happen to the current ratios for these two companies at the end of 2016?

a. _____ Company As current ratio will be higher than 0.5; Company Bs current ratio will be higher than 2.0

b. _____ Company As current ratio will be lower than 0.5; Company Bs current ratio will be higher than 2.0

c. _____ Company As current ratio will be higher than 0.5; Company Bs current ratio will be lower than 2.0

d. _____ Company As current ratio will be lower than 0.5; Company Bs current ratio will be lower than 2.0

e. _____ Company As current ratio will be remain at 0.5; Company Bs current ratio will remain at 2.0

7. In general, which of the following trends is most consistent with good financial performance for a company?

a. _____ decreasing net profit margin and increasing total asset turnover

b. _____ increasing inventory turnover and increasing operating profit margin

c. _____ decreasing gross profit margin and increasing debt/equity ratio

d. _____ decreasing current ratio and increasing debt/(total assets)

e. _____ decreasing quick ratio and decreasing debt/equity ratio

8. Kramerica Corporation has a return on equity of 12 percent. The equity multiplier is 1.20. The profit margin is 10 percent. Sales are $5,000. What is the amount of total assets?

a. _____ $2,500

b. _____ $5,000

c. _____ $500

d. _____ $600

e. _____ $6,000

9. Samir needs $8,000 in five years to buy a car, and $50,000 in ten years for a down payment on a house. He plans to make a single deposit of money into an account today to achieve these goals. How much does he need to deposit, if his money will earn 6% per year?

a. _____ $100,248

b. _____ $401,703

c. _____ $28,604

d. _____ $58,000

e. _____ $33,898

10. Consider a growing annuity that runs for 40 years, with the first deposit occurring one year from today. The annual growth in deposits is 3%, and the money is placed in an investment account earning an annual return of 8%. If you want this account to have a balance of $5,000,000 in 40 years, what has to be the amount of the first deposit?

a. _____ $125,000

b. _____ $27,539

c. _____ $13,541

d. _____ $16,928

e. _____ $45,893

11. Youngsoo plans to borrow $24,000 to buy a car. The loan will involve monthly payments over five years, at an interest rate of 12% per year (1% per month). What will be the amount of each payment?

a. _____ $294

b. _____ $457

c. _____ $534

d. _____ $600

e. _____ $2883