q 23 & 24

Question 23 (3 points) If the exchange rate from U.S. dollars to Swiss francs is $1.25/franc, then the exchange rate from francs to dollars is 2.0 francs/dollar 5.0 francs/dollar 0.80 francs/dollar O 0.20 francs/dollar Question 24 (3 points) If a company has an ROA of 7.5%, total assets equaling $100,000 what would be its ROE if its Total Liabilities equaled $50,000? (Assume that the rest is equity capital and that the company has no preferred stock.) 8.33% 10% 15% Cannot be determined from the information given