ghtspace X X pters 3, 4 & 15 - Test 3- Requires Respondus LockDown Browser imit: 1:30:00 Time Left:0:26:49 Ralph King: Attempt 1 Question 1 (0.12 points) Saved 29 30 A corporation has annual sales of $15 million, total assets of $3 million, a debt ratio of 25%, depreciation expense of $100,000, and a tax rate of 40%. The corporation's 32 33 total stockholders' equity is equal to A) $2,100,000 35 36 B) $10,500,000 38 39 ) $3,000,000 41 42 D) $2,250,000 44 45 Question 2 (0.12 points) Saved Baron, Inc. has total current assets of $1,000,000; long-term debt of $40,000; total 47 48 current liabilities of $600,000 (consisting of: $300,000 Alp: $100,000 accrued expenses; and $200,000 notes payable); and long-term assets of $800.000. How much is the firm's operating working capital? 50 A) $100,000 B) $400,000 C) $600,000 D)$200 000 novo New Hire Try