QUESTION 14 Which of the following ratios can indicate the level of financial distress a firm experiences at various debt levels? the current ratio the total asset turnover the times interest earned the cash ratio QUESTION 15 A firm's profit margin is 6%, its return on assets is 14.8% and its return on equity is 24.2%. What is the firm's total asset turnover? 2.47 times 2.56 times 3.21 times 3.69 times none of these