Question 21 (4 points) Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin = 11.20%; Debt ratio = 49.23%; Fixed asset turnover = 5.56; Total asset turnover = 2.50 ; Inventory turnover = 15. 28.00% 55.15% 40.22% 21.64% 26.18% Question 20 (4 points) U KNO, Inc. uses only debt and common equity funds to finance its assets. This past year the firm's return on total assets was 19%. The firm financed 39% percent of its assets using equity. What was the firm's return on common equity? (Round your answer to two decimal places and state it in percentage form.) 38.95% 31.15% 48.72% 53.46% 27.95% Question 17 (4 points) Brooks Sisters' operating income (EBIT) is $139 million. The company's tax rate is 40.0%, and its operating cash flow is $135.2 million. The company's interest expense is $28 million. What is the company's net cash flow? (Assume that depreciation is the only non-cash item in the firm's financial statements.) (Answers are in $ millions.) $111.00 $66.60 $51.80 $83.40 $118.40 Question 16 (4 points) Hayes Corporation has $217 million of common equity on its balance sheet and 7,000,000 shares of common stock outstanding. The company's Market Value Added (MVA) is $118 million. What is the company's stock price? (Answers are in $ millions.) $16.86 $31.00 $47.86 $53.28 $14.73 Question 15 (4 points) Cox Corporation recently reported an EBITDA of $61 million and $10 million of net income. The company has $15 million interest expense and the corporate tax rate is 40.0% percent. What was the company's depreciation and amortization expense? (Answers are in $ millions.) $56.00 $46.00 $51.00 $36.00 $29.33 Question 14 (4 points) In its recent income statement, Smith Software Inc. reported $24 million of net income, and in its year-end balance sheet, Smith reported $372 million of retained earnings. The previous year, its balance sheet showed $352 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $2.00 $20.00 $24.00 $4.00 $31.00