Question Completion Status: d. Vision Statement QUESTION 6 1 points Save Ans Looking at the Financial Statements, which of the following would be used to calculate the firms Return on Equity? a. $8,000/$100,000 b.$5,000/$100,000 c. $5,000/$20,000 d. $20,000/$100,000 QUESTION 7 1 points Save Ans How much REVENUE did Metro bring in for the reporting period? a $100,000 b. $150,000 c. $136,500 d. $5,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Sut AaBb CcDdEx AaBbCcD | AaBbCeDdE AaBbCcDd! Lili III V Emphasis Heading 1 Normal Strong Financial Reports (5 points): Metro Sporting Goods Balance Sheet Metro Sporting Goods Income Statement $ 150,000 SALES Cost of Goods Sold $ 13.500 7000 $ $ 5,000 2,500 GROSS MARGIN ASSETS Current Assets Cash Accounts Receivable Inventory Fixed Assets Building Equipment TOTAL ASSETS $ 135,500 S $ $ $ 75,000 10,500 100,000 Operating Expenses Salaries Payment on Building Advertising Insurance Usis Misc Expense Total Operating Expense $ 80,000 $ 7,500 $ 12.000 $ 15,000 $ 10.000 $ 4000 $ 128,500 $ 10,000 LIABILITY & EQUITY Current Liabilities Accounts Payable Long Term Liabilities Mortgage Loan Term Loan Owners Equity TOTAL LABILITY A OWNER EQUITY Net Profit from Operations $ 8.000 $ $ $ 65,000 5,000 20,000 100.000 Income Taxes Net Profitions Arter Taxes 5 $ 3,000 5.000 6 Which of the following depicts Metro Sporting Goods Return on Equity? a $8,000/S100,000 b. $5,000/$100,000 c. $5,000/$20,000 correct d. $20,000/$100,000 7. How much revenue did Metro bring in for the period shown? a. $100,000 b. $150,000 correct c. $136,500 d. $5,000 8. What are Metro's Total Liabilities? a $10,000 b. 565,000 c. $80,000 correct d. $100,000 2 points: Based upon the info you have, do you believe that investing in Metro Sporting would be a good investment? Why or why not? (to receive both points, provide 2 valid reasons) Focus