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You are looking over your brother's portfolio. In his portfolio, he is holding one long position and one short position. Jimmy, your brother, bought 1600

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You are looking over your brother's portfolio. In his portfolio, he is holding one long position and one short position. Jimmy, your brother, bought 1600 shares of Sunny Inc. each for $54. He sold 400 shares of Rainy Ltd. for $50 a share. Calculate the portfolio weight on the Rainy Ltd. position. Enter your answer as a percent rounded to 2 decimal places without the % symbol. For example if your answer is 0.1012 enter 10.12. If your answer is -0.1012 enter - 10.12. Los Pollos Hermanos Restaurants Inc. Selected Financial Ratios Last Year Next Year ROE 12.21% 12.21% 1 + D/E 1.45 ROA 8.42% 1.17 1.30 Total Asset Turnover Net Profit Margin 7.2% 6.70% The table, above, provides ratios for Los Pollos Hermanos Restaurants Inc. If Los Pollos wants the same ROE next year as last year, then what D/E ratio should it have next year? 0.40 O 0.42 O 0.44 00.46 0.48

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