The next seven (10-15) questions refer to Bavarian Sausage, Inc. Bavarian Sausage, Inc. posted the following balance sheet and income statement for 2015 Balance Sheet Assets 2015 Cash and securities $ 50,000 Accounts receivable 125,000 Inventories 225,000 Total current assets $400,000 Net plant and equipment $525,000 $925,000 Total assets $ 185,000 Liabilities and Equity Accounts payable Notes payable 125,000 $310,000 Total current liabilities Assets 2015 Cash and securities $ 50,000 Accounts receivable 125,000 Inventories 225,000 Total current assets $400,000 Net plant and equipment $525,000 Total assets $925,000 Liabilities and Equity Accounts payable Notes payable $ 185,000 125,000 Total current liabilities $310,000 Long-term bonds $115,000 Common stock $ 350,000 150.000 Retained earnings Total liabilities and equity $925,000 Click Save and Submit to save and submit. Click Save All Artswers to save all answers Blackboard 4 XC Tim 36 minutes de Question Completion at Long-term bands Common stock 5115.000 SSB000 150 000 5925.000 Retained earnings Total liabilities and equity Income Statement 2015 5535.000 Net sales 215 000 65.000 Operating costs except depreciation Depreciation Earnings be interest and taxes (EBIT) 30.000 Interest expense 15.00 5 210.000 Earnings before taxes (ET) Taxes 5 Net incomo Other 4 8 W E R T S. LL G H Question Completion Status: Earnings bef interest and taxes (EBIT) $ 245,000 Interest expense 35,000 Earnings before taxes (EBT) $ 210,000 Taxes 71,400 Net income $ 138,600 Other data: Shares outstanding 100,000 Common dividends $632.73 Intrate on notes payable & L-T bonds 6.25% Year-end stock price $15.00 What is Bavarian Sausage, Inc.'s current ratio for 2015? A. 0.56 B. 1.29 C. 1.96 D. 0.89 ck Save and Submit to save and submit. Chick Save All Answers to save all answers. QUESTION 14 What is Bavarian Sausage, Inc.'s return on common equity for 2015 (pick the closest one)? A 289 B. 19% C. 37% D. 1196 E. 1596 QUESTION 15 Refer to Bavarian Sausage, Inc., what is the company's tax rate for 2015? A. 2896 B. 3496 C. 3796 D. 3596 E. 2396 all answers. QUESTION 16 What is the future value of an initial $800 after 15 years if the interest rate is 6% a year? A. $12.000 B. $334 OC. $1,917 D. $2.125