please solve mcqs

d, 40% In its closing financial statements for its first year in business, the Desai Company, ha accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts pa The following information should be used for questions 32, 33, and 34. d cash of $2 yable of $700 short-term notes payable of $740, iong-term liabilities of $1,100, common stock of $1,160, retained earnings of $1.620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312 addition to retained earnings of $508, and dividends paid of $218. 32) What is the return on equity for Desai Company? 44.7% 62.6% 18.4% 7.9% 2180 b. c. d. e. f Hed 3463 Foral as 32o 33) What is Desai Company's return on total assets? 2180 9.6% 13.6% 19.1% 37.9% 22.5% a. -124/532 C. d. e. 3 34) What is the current ratio for Desai Company? a. 1.46 1.33 c. 1.23 d. 1.21 e. 1.13 35) Which of the following is measured by dividing the average daily cost of goods sold into the average inventory? sale-to-cash conversion period inventory-to-sale conversion period purchase-to-payment conversion period cash conversion cycle a. c. d. 36) Calculate the inventory-to-sale conversion period based on the following information: average inventories $120,000; average receivables $90,000; avetage payables $40,000; cost of goods sold $182,500; and net sales $365,000. b. 180.0 days c. 90.0 days d. 60.0 days