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Use the information in this table (TABLE 1) for the following questions: Table 1 Firm Assets $1.2 million $1.7 million Debt $800,000 $1.2 million Sales

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Use the information in this table (TABLE 1) for the following questions: Table 1 Firm Assets $1.2 million $1.7 million Debt $800,000 $1.2 million Sales $4.0 million $4.0 million Earnings $177,000 $277,000 Utilizing the information above, the Profit Margin percentages of Firm X and Y are and (Show as percentage with 96 sign rounded to two decimal points)? Question 2 2 pts True or False, based on the Profit Margin percentages calculated for Firm X and Y above, Firm X s controlling costs better than Firm Y in this period OTrue O False Question 5 2 pts Utilizing the information above in Question 2 -Table 1, the Asset Turnover Ratio of Firm X and Y are and (round to two decimal points and do not put an "X" by number eg. 4.00) Question 8 2 pts Utilizing the information in Question 2 -Table 1 above, the Equity Multiplier of Firm X and Firm Y are and (state as a ration carried to two decimal points with no "X" eg 1.55)

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