Consider a 27-year ordinary annuity that pays $2,663 each month with an annual rate of 14%? What is the future value? Assume monthly compounding. (round your answer to the nearest dollar) Selected Answer: 115,382 Correct Answer: 9,556,615.13 + 1 Using Information in the table. What was Solo Corp's Return on Equity in 2005? Your answer should be given as a percentage with two decimals (example 0.1087 should be written as 10.87) and should incllude a negative is appropriate Interest Expense $55 Taxes $80 Net Fixed Assets $55 Current Liabilities $475 Dividends paid $50 Total Equity 3,363 Accounts Receivable $64 Accounts Payable $84 Revenue $2,312 Cost of Goods Sold 9998 Depreciation $657 Inventories $54 Selected Answer: 68.75% Correct Answer: 15.522 +0.02 Examine the Values in the table. What was Solo Corp's Inventory Turnover in 2005? Your answer should be given to two decimal places (example 10.93) Revenue $3,093 Cost of Goods Sold $741 Depreciation $1,341 Inventories $542 Interest Expense $559 Taxes $667 Current Assets $4,219 Accounts Receivable $597 Accounts Payable $599 Notes Payable $505 Current Liabilities $4,434 Dividends paid $515 1.37 Selected Answer: Correct Answer: 5.707 +0.02