White & Black Company has the following information: Sales Revenue $200,000 with a gross profit margin of 50%. During the year the company generated operating income of $70,000. its interest and tax expenses were $6,500 and $4,500 respectively. The Balance sheet for this company included the following information: Total Assets of $160,000 Current assets of 35% of the total assets Inventory of $25,000 Owner's Equity of S110.000. Long term liabilities of $30,000 Find the following: 1. ROA 2 Inventory turnover Time interest earned (TIE) 4. Total assets turnover. 5. Current ratio 6. Financial leverage multiplier a 3. A- B 1 III 22 Type here to search 10 Activate Windows Go to Settings to activate Wir dows