Use the following information to answer the questions: Assets Liabilities and Equity Accounts payable 16,000 9,000 4,000 Notes payable 8,000 Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Net fixed assets 10,000 36,000 59,000 42,000 60,000 102,000 Current liabilities Long-term debt Total liabilities Paid-in capital Retained earnings Equity Total liab. & equity 24,000 80,000 104,000 30,000 27,000 57,000 Total assets 161,000 161,000 Line item Value Sales 340,000 Operating expenses 272,000 Depreciation 25,000 EBIT 43,000 Interest 8,000 Taxable income 35,000 Taxes 11,550 Net income 23,450 18 Attempt 1/3 for 8 pts. Part 1 What is the profit margin? 3+ decima Submit 18 Attempt 1/3 for 8 pts. Part 2 What is total asset turnover? 2+ decima Submit 18 Attempt 1/3 for 8 pts. Part 3 What is the equity multiplier? 2+ decima Submit 18 Attempt 1/3 for 8 pts. Part 4 What is ROE? 3+ decima