Question 19 2 pts XYZ Inc. has total debt ratio of 0.37. Calculate the company's equity multiplier. O 1.70 O 1.59 0 2.70 O 2.63 Question 20 2 pts Your firm has total assets of $79,600; fixed assets of $43,100; long term debt of $29,200 and short term debt of $19,900. What is the amount of net working capital? $36,500 $7,300 $16,600 $30,500 Which one of the following statements is correct? Corporations can raise large amounts of capital generally easier than partnerships can. The majority of firms in the U.S. are structured as corporations. Stockholders face no potential losses related to their corporate investment. Corporate profits are taxable income to the shareholders when earned. Question 22 2 pts Duke's Garage has cash of $68, accounts receivable of $142, accounts payable of $235, and inventory of $31. What is the value of the quick ratio? 2.25 0.76 0.89 1.03 Question 23 2 pts Taylor's Men's Wear has a debt-equity ratio of 72 percent, sales of $829,000, net income of $38,300, and total debt of $206,300. What is the return on equity? 13.37 percent 8.32 percent 10.40 percent 5.74 percent Question 24 2 pts A firm has a debt-equity ratio of 0.84. What is the total debt ratio? 0.62 1.19 0.51 0.46