Q1: A firm reports Net income 300,000$ on sales of $3 million. If the interest expenses zero \& taxes are $200,000, how much is the profit margin? Q2: Apex Corp. has current liabilities of $2 million, current assets of $6 million and inventory $2 million. a. What is the value of current ratio? b. What is the quick ratio? Q3: Calculate the following: a. How much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded for 3 years? (by using the equation). b. If four years of college is expected to cost $150,00018 years from now, how much must be deposited now into an account that will average 8% annually in order to save the $150,000. (by using the equation). Q1: A firm reports Net income 300,000$ on sales of $3 million. If the interest expenses zero \& taxes are $200,000, how much is the profit margin? Q2: Apex Corp. has current liabilities of $2 million, current assets of $6 million and inventory $2 million. a. What is the value of current ratio? b. What is the quick ratio? Q3: Calculate the following: a. How much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded for 3 years? (by using the equation). b. If four years of college is expected to cost $150,00018 years from now, how much must be deposited now into an account that will average 8% annually in order to save the $150,000. (by using the equation)