Question 1. If Seams Friendly, Inc. has a debt ratio of 49.7%, what is the company's debt-to-equity ration (as a fraction rounded to 2 decimal places-that is, do not convert to a percent: for example, the current answer for debt-to-equity = 80/35= 2.2857 would be 2.29)

1. 0.62
2. 0.44
3. 1.43
4. 1.27
5. 0.99

Question 2: Exactly 27 years from today, Indria wants to have $1,000,000 in her retirement account. If Indria's retirement account pays interest of 15.8% per year, but with monthly compounding, how much use Indria deposit today to achieve her goal?

Answer rating: 100% (QA)

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