Question: For the final answer, Round to 4 decimal places. If the number is a decimal less than one, please answer starting with a zero. For

For the final answer, Round to 4 decimal places.

If the number is a decimal less than one, please answer starting with a zero. For example, if the answer is .1234, then answer as 0.1234.

Accounts 2021 2022
Accounts Payable $166.00 $366.00
Notes Payable $150.00 $125.00
Total $316.00 $491.00
Long-Term Debt $500.00 $750.00
Common Stock $400.00 $400.00
Retained Earnings $155.00 $289.00
Total Liabilities & Equity $1,371.00 $1,930.00
Accounts 2021 2022
Sales $1,393.00
Cost of Goods Sold $1,114.40
Depreciation $200.00
EBIT $78.60
Interest $40.00
Taxes $31.44
Net Income $7.16

Questions

  1. What is the Current Ratio for 2022?
  2. What is the Quick Ratio for 2022?
  3. What is the Times Interest Earned (TIE) for 2022?
  4. What is the Debt to Equity (D/E) Ratio for 2021?
  5. What is the Debt to Equity (D/E) Ratio for 2022?
  6. What is the Profit Margin (PM) for 2022? (Answer in % format to two decimals)
  7. What is the Total Asset Turnover (TAT) for 2022?
  8. What is the Equity Multiplier (EM) for 2022?
  9. What is the Return on Equity (ROE) for 2022? (Answer in % format to two decimals)
  10. What is the Return on Assets (ROA) for 2022? (Answer in % format to two decimals)

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