PB $14\mathrm{.}8$B

$($a$1-$a$6)$

At the and of the ywar, the following inflemation was obteined from the wesounting recond of Solar Syteme, lie.

$\backslash$table$[[$Sales fall on credty,$$4\mathrm{.}800,000],[$Cost of goods sold,$3,000,000],[$Average invertory,$420,000],[$Average accounts recelvable,$380\mathrm{.}000],[1$ Iterest expemse,$50,000],[$incorme tax expense,$50,000],[$Proft$,280,000],[$Average investment in assets,$2\mathrm{.}600,000[$Average equity,$1000000]$

a$.$find out the inventory turnover,account receivable turnover,total operating expenses,gross profit percentage,return on average equity and return on average assets

b$.$Solar systems has an opportunity to obtain a long term loan at an annual interest rate of $8\%$ and could use this additional capital at the same rateof profitability as indicated by the given data $.$Would obtaining the loan be desirable from the viewpoint of the shareholders? Explain