Use the following Hanna, Inc. information for this and the next seventeen questions.Hanna Inc.AssetsCurrent assetsBeginningEndCash$2,1502,650$Accounts receivable$3,2003,950$Inventory $7,2007,500$ Total Current Assets$12,55014,100$Fixed assetsNet plant and equipment$24,45026,500$Total assets$37,00040,600$ Liabilities and owners' equityCurrent liabilitiesAccounts payable$2,2003,200$Notes payable$1,4001,000$Other $100218$ Total Current Liabilities$3,7004,418$Long$-$term debt$10,00010,500$Owners' equityPaid$-$in capital$22,00022,000$Accumulated retained earnings$1,3003,682$ Total Equity$23,30025,682$Total liabilities and owners' equity$37,00040,600$ Income statementSales$26,000-$Cost of goods sold$9,600$Market Data$-$SG&A expenses$300$Shares of stock outstanding$10,000-$Depreciation$1,800$EBIT$14,300$Market price$$24/$share$-$Interest paid$850$Taxable income$13,450$Taxes$0\mathrm{.}34,035$Net income$9,415$Dividends$7,033$ Retained earnings$2,382$ What is the current ratio at the end of the year?A$\mathrm{.}4\mathrm{.}02$B$\mathrm{.}3\mathrm{.}47$C$\mathrm{.}1\mathrm{.}49$D$\mathrm{.}3\mathrm{.}19$E$\mathrm{.}0\mathrm{.}59$F$\mathrm{.}0\mathrm{.}640\mathrm{.}86$ points QUESTION $11$What is the Hanna Inc.s quick ratio at the end of the year?A$\mathrm{.}3\mathrm{.}47$B$\mathrm{.}0\mathrm{.}64$C$\mathrm{.}0\mathrm{.}59$D$\mathrm{.}4\mathrm{.}02$E$\mathrm{.}1\mathrm{.}49$F$\mathrm{.}3\mathrm{.}190\mathrm{.}86$ points QUESTION $12$What is the Hanna Inc.s cash ratio at the end of the year?A$\mathrm{.}1\mathrm{.}49$B$\mathrm{.}0\mathrm{.}64$C$\mathrm{.}3\mathrm{.}19$D$\mathrm{.}3\mathrm{.}47$E$\mathrm{.}0\mathrm{.}59$F$\mathrm{.}4\mathrm{.}020\mathrm{.}86$ points QUESTION $13$What is the Hanna Inc.s total asset turnover at the end of the year?A$\mathrm{.}3\mathrm{.}19$B$\mathrm{.}3\mathrm{.}47$C$\mathrm{.}4\mathrm{.}02$D$\mathrm{.}0\mathrm{.}59$E$\mathrm{.}0\mathrm{.}64$F$\mathrm{.}1\mathrm{.}490\mathrm{.}86$ points QUESTION $14$What is the Hanna Inc.s inventory turnover at the end of the year?A$\mathrm{.}1\mathrm{.}28$B$\mathrm{.}4\mathrm{.}02$C$\mathrm{.}3\mathrm{.}47$D$\mathrm{.}0\mathrm{.}58$E$\mathrm{.}6\mathrm{.}58$F$\mathrm{.}0\mathrm{.}370\mathrm{.}86$ points QUESTION $15$What is the Hanna Inc.s receivables turnover at the end of the year?A$\mathrm{.}0\mathrm{.}37$B$\mathrm{.}1\mathrm{.}28$C$\mathrm{.}6\mathrm{.}58$D$\mathrm{.}0\mathrm{.}58$E$\mathrm{.}4\mathrm{.}02$F$\mathrm{.}3\mathrm{.}470\mathrm{.}86$ points QUESTION $16$What is the Hanna Inc.s total debt ratio at the end of the year?A$\mathrm{.}1\mathrm{.}28$B$\mathrm{.}6\mathrm{.}58$C$\mathrm{.}0\mathrm{.}37$D$\mathrm{.}1\mathrm{.}58$E$\mathrm{.}0\mathrm{.}23$F$\mathrm{.}0\mathrm{.}580\mathrm{.}86$ points QUESTION $17$What is the Hanna Inc.s debt$-$equity ratio at the end of the year?A$\mathrm{.}1\mathrm{.}58$B$\mathrm{.}0\mathrm{.}37$C$\mathrm{.}0\mathrm{.}23$D$\mathrm{.}0\mathrm{.}58$E$\mathrm{.}1\mathrm{.}28$F$\mathrm{.}6\mathrm{.}580\mathrm{.}86$ points QUESTION $18$What is the Hanna Inc.s equity multiplier at the end of the year?A$\mathrm{.}0\mathrm{.}58$B$\mathrm{.}1\mathrm{.}28$C$\mathrm{.}0\mathrm{.}23$D$\mathrm{.}0\mathrm{.}37$E$\mathrm{.}1\mathrm{.}58$F$\mathrm{.}6\mathrm{.}580\mathrm{.}86$ points QUESTION $19$What is the Hanna Inc.s times$-$interest$-$earned ratio at the end of the year?A$\mathrm{.}0\mathrm{.}24$B$\mathrm{.}16\mathrm{.}82$C$\mathrm{.}19\mathrm{.}29$D$\mathrm{.}0\mathrm{.}37$E$\mathrm{.}17\mathrm{.}17$F$\mathrm{.}18\mathrm{.}940\mathrm{.}86$ points QUESTION $20$What is the Hanna Inc.s cash coverage ratio at the end of the year?A$\mathrm{.}17\mathrm{.}17$B$\mathrm{.}0\mathrm{.}37$C$\mathrm{.}18\mathrm{.}94$D$\mathrm{.}16\mathrm{.}82$E$\mathrm{.}0\mathrm{.}24$F$\mathrm{.}19\mathrm{.}290\mathrm{.}86$ points QUESTION $21$What is the profit margin for the year for the Hanna Inc.?A$\mathrm{.}36\mathrm{.}21\%$B$\mathrm{.}23\mathrm{.}19\%$C$\mathrm{.}17\mathrm{.}17\%$D$\mathrm{.}19\mathrm{.}29\%$E$\mathrm{.}12\mathrm{.}37\%$F$\mathrm{.}24\mathrm{.}02\%0\mathrm{.}86$ points QUESTION $22$What is the Hanna Inc.s return on assets for the year?A$\mathrm{.}19\mathrm{.}29\%$B$\mathrm{.}23\mathrm{.}19\%$C$\mathrm{.}24\mathrm{.}02\%$D$\mathrm{.}36\mathrm{.}21\%$E$\mathrm{.}12\mathrm{.}37\%$F$\mathrm{.}17\mathrm{.}17\%0\mathrm{.}86$ points QUESTION $23$What is the Hanna Inc.s return on equity and return on invested capital for the year?A$\mathrm{.}17\mathrm{.}17\%$ and $27\mathrm{.}66\%,$ respectivelyB$\mathrm{.}36\mathrm{.}66\%$ and $23\mathrm{.}18\%,$ respectivelyC$\mathrm{.}23\mathrm{.}18\%$ and $27\mathrm{.}66\%,$ respectivelyD$\mathrm{.}19\mathrm{.}29\%$ and $36\mathrm{.}66\%,$ respectivelyE$\mathrm{.}36\mathrm{.}66\%$ and $27\mathrm{.}66\%,$ respectivelyF$\mathrm{.}24\mathrm{.}02\%$ and $17\mathrm{.}17\%,$ respectively$0\mathrm{.}86$ points QUESTION $24$What is the Hanna Inc.s DuPont identity at the end of the year?A$\mathrm{.}0\mathrm{.}37$ x $1\mathrm{.}64$ x $1\mathrm{.}58$B$\mathrm{.}0\mathrm{.}36$ x $0\mathrm{.}64$ x $1\mathrm{.}58$C$\mathrm{.}0\mathrm{.}26$ x $1\mathrm{.}64$ x $2\mathrm{.}58$D$\mathrm{.}0\mathrm{.}37$ x $1\mathrm{.}64$ x $2\mathrm{.}58$E$\mathrm{.}0\mathrm{.}26$ x $0\mathrm{.}64$ x $1\mathrm{.}58$F$\mathrm{.}0\mathrm{.}37$ x $0\mathrm{.}64$ x $2\mathrm{.}580\mathrm{.}86$ points QUESTION $25$What is the Hanna Inc.s price$-$earning ratio at the end of the year?A$\mathrm{.}18\mathrm{.}94$B$\mathrm{.}25\mathrm{.}49$C$\mathrm{.}19\mathrm{.}29$D$\mathrm{.}0\mathrm{.}24$E$\mathrm{.}24\mathrm{.}93$F$\mathrm{.}17\mathrm{.}170\mathrm{.}86$ points QUESTION $26$What is the Hanna Inc.s dividend per share for the year?A$\mathrm{.}0\mathrm{.}72$B$\mathrm{.}9\mathrm{.}34$C$\mathrm{.}0\mathrm{.}70$D$\mathrm{.}2\mathrm{.}57$E$\mathrm{.}0\mathrm{.}37$F$\mathrm{.}19\mathrm{.}290\mathrm{.}86$ points QUESTION $27$What is the Hanna Inc.s market$-$to$-$book ratio at the end of the year?A$\mathrm{.}0\mathrm{.}37$B$\mathrm{.}17\mathrm{.}17$C$\mathrm{.}0\mathrm{.}24$D$\mathrm{.}2\mathrm{.}57$E$\mathrm{.}9\mathrm{.}34$F$\mathrm{.}19\mathrm{.}290\mathrm{.}86$ points QUESTION $28$Use the following information for the Lowell, Inc. for this and the next seven questions. Sales$$200,000$Debt$95,000$Dividends$5,000$Equity$40,000$Interest rate$7\%$Net income$16,000$Tax rate$30\%$ Assume the company has no short$-$term debt. Also assume that all asset turnover, profit margin, and dividend payout ratios remain constant. What are the companys earnings before interest and taxes $($EBIT$)?$A$\mathrm{.}25,432$B$\mathrm{.}22,587$C$\mathrm{.}16,000$D$\mathrm{.}29,507$E$\mathrm{.}18,594$F$\mathrm{.}6,6500\mathrm{.}86$ points QUESTION $29$What is the companys return on invested capital $($ROIC$)?$A$\mathrm{.}3\mathrm{.}3750$B$\mathrm{.}2\mathrm{.}2754$C$\mathrm{.}0\mathrm{.}2186$D$\mathrm{.}1\mathrm{.}0467$E$\mathrm{.}0\mathrm{.}4217$F$\mathrm{.}0\mathrm{.}15300\mathrm{.}86$ points QUESTION $30$What is the companys basic earning power $($BEP$)?$A$\mathrm{.}0\mathrm{.}2186$B$\mathrm{.}3\mathrm{.}3750$C$\mathrm{.}2\mathrm{.}2754$D$\mathrm{.}0\mathrm{.}1530$E$\mathrm{.}1\mathrm{.}0467$F$\mathrm{.}0\mathrm{.}42170\mathrm{.}86$ points QUESTION $31$What is the companys equity multiplier?A$\mathrm{.}0\mathrm{.}2186$B$\mathrm{.}3\mathrm{.}3750$C$\mathrm{.}2\mathrm{.}2754$D$\mathrm{.}0\mathrm{.}4217$E$\mathrm{.}1\mathrm{.}0467$F$\mathrm{.}0\mathrm{.}15300\mathrm{.}86$ points QUESTION $32$What is the companys sustainable growth rate assuming that debt ratios do not change?A$\mathrm{.}19\mathrm{.}29\%$B$\mathrm{.}21\mathrm{.}46\%$C$\mathrm{.}09\mathrm{.}24\%$D$\mathrm{.}08\mathrm{.}87\%$E$\mathrm{.}37\mathrm{.}93\%$F$\mathrm{.}16\mathrm{.}78\%0\mathrm{.}86$ points QUESTION $33$How much additional debt will Lowell Inc. require to keep the current debt$-$equity ratio constant if the company were to grow at the sustainable growth rate?A$\mathrm{.}95,000$B$\mathrm{.}36,034$C$\mathrm{.}186,206$D$\mathrm{.}146,975$E$\mathrm{.}131,034$F$\mathrm{.}887,9540\mathrm{.}86$ points QUESTION $34$At what growth rate could the Lowell Inc. grow if it did not wish to increase the amount of debt?A$\mathrm{.}16\mathrm{.}78\%$B$\mathrm{.}37\mathrm{.}93\%$C$\mathrm{.}21\mathrm{.}46\%$D$\mathrm{.}08\mathrm{.}87\%$E$\mathrm{.}09\mathrm{.}24\%$F$\mathrm{.}19\mathrm{.}29\%0\mathrm{.}86$ points QUESTION $35$What will be the new total debt ratio for Lowell Inc. at the end of the next year if it grew at the internal growth rate?A$\mathrm{.}16\mathrm{.}78\%$B$\mathrm{.}21\mathrm{.}46\%$C$\mathrm{.}64\mathrm{.}63\%$D$\mathrm{.}70\mathrm{.}37\%$