Q1: Answer the following questions:

Assume JEWELL has total current assets of $500,000 and current labilities 200,000. Then, the quick ratio is 1.5 find the company ?ending inventories A. $300,000 B. $200,000 C. $250,000 D. $100,000 If the company assets are $200 million, debts $100 million, and net income is $15 million, it is ROE is A 15% B. 10% C. 20% D.12% What is the effective annual rate if a bank charges you 10% ?compounded semiannually a. 10.5% O b. 10% O c. 12.25% 0 d. 10.25% if the annual rate is 5% and the annual infinity (forever) payment is ?$200, what is the present value of perpetuity A. $10 B. $10000 C. $40 D. $4000 PALTEL recently has annual net income of $1000,000. It decided to distribute 60% of net income as dividends and retained the rest ratio. Thus, the retained earnings for the company will be A. $1000,000 B. $400,000 C. $1,200,000 D. $600,000 O