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> Moving to the next question prevents changes to this answer uestion 6 5 points Sure Answer Saltwater Steakhouse has the following balance sheet for last year. Their sales last year were $ 80 Million and their Net Income last year was $10 million Compute the company's Return on Equity (ROE) % and Return on Assets % (Round to two decimals and enter number as a percentage) Cash $ 3M Accounts Payable $ 2M Accounts Receivable 5M Notes Payable $ 10 M Inventory $20 M Accruals S 5M Total Current Assets $ 28 M Total Current Liabilities $ 17M $72M Fixed Assets $23 M Total Long Term Debt Shareholders' Equity $ 60M Total Liabilities and Equity $100 M $ 100 M Total Assets times Question 7 Yancy's Trucking had the following balance sheet last year with $7 M in Net Income. Calculate the Equity Multiplier for Yancy's, (Round to two decimals) Total Current Assets Total Fixed Assets $40M 560M Total Current Liabilities Long Term Debt Common Stock Retained Earnings Total Liabilities and Equity $ 5M S 25 M $ 20 M 550 M $100M S100 M Total Assets estion 8 times Yancy's Trucking had the following balance sheet last year with $7 M in Net Income. Calculate the Current Ratio for Yancy's. L Total Current Assets Total Fixed Assets $40M S60M Total Current Liabilities Long Term Debt Common Stock Retained Earnings $ 5M $25 M $ 20 M $ 50 M $100M Total Liabilities and Equity $100 M Total Assets