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question #10 A retailer has an ITR = 7, with annual 360 days of operations. If the markup is 16%, and interest on porrowed capital

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question #10 A retailer has an ITR = 7, with annual 360 days of operations. If the markup is 16%, and interest on porrowed capital is 30%, calculate to fill in the blanks. (a) The net annual rate or return (after paying interest on borrowed capital) assuming 100% borrowed capital is %. (b) The net annual rate or return (after paying interest on borrowed capital) assuming 40% borrowed capital is %. Now assume that accounts receivable turnover ratio is 5, and sales are 100% credit sales. (c) The net annual rate or return (after paying interest on borrowed capital) assuming 100% borrowed capital is (d) The net annual rate or return (after paying interest on borrowed capital) assuming 40% borrowed capital is %. %. Note round answer to TWO places of decimal. question #10 A retailer has an ITR = 7, with annual 360 days of operations. If the markup is 16%, and interest on porrowed capital is 30%, calculate to fill in the blanks. (a) The net annual rate or return (after paying interest on borrowed capital) assuming 100% borrowed capital is %. (b) The net annual rate or return (after paying interest on borrowed capital) assuming 40% borrowed capital is %. Now assume that accounts receivable turnover ratio is 5, and sales are 100% credit sales. (c) The net annual rate or return (after paying interest on borrowed capital) assuming 100% borrowed capital is (d) The net annual rate or return (after paying interest on borrowed capital) assuming 40% borrowed capital is %. %. Note round answer to TWO places of decimal

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