Question 8 (1 point During the latest year, XYZ Corporation has total sales of $600,000, net income of 20,000, and its year end total assets were $260,000. The frm's total debt to total assets ratio was 40%. What is firm's return on equity (ROE Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Question 9 (1 point) A firm with inventory of $119, total current assets of $971, and current liabilities of $324 has a quick (acid test) ratio of Your Answer: Question 10 (1 point) If a company's profit margin is 4% and its total asset turnover is 3.0, what is its return on assets (ROA)? (Einter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 00843 instead of8.43%) Your Answer: 8 9 5