QUESTION 9 Last year Harrington Inc. had sales of $325,000 and a net income of $17,000, and its year-end assets were $230,000. The firm's total-debt-to- total-assets ratio was 45.0%. Based on the DuPont equation, what was the ROE? O 13.0296 O 13.4496 O 13.8396 O 14.0096 14.80% QUESTION 10 Ajax Corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times- interest-earned (TIE) ratio? 4.72 4.97 O 5.23 5.51 O 5.80