Question 7 (1 point) Calculate ROE with the following information Sales = $350,000 EBT = $125,000 Tax Rate = 30% Total Liabilities = $600,000 Total Assets = $1,000,000 Preferred Stock = $0 14.58% 17.86% 21.88% 78.57% Which one of the following does not fit within the the term liquidity. long time to convert to cash convert to cash without loss of value ability to make required payments cash is the most liquid asset Question 3 (1 point) Increasing debt typically reduces return on assets (ROA) True False