Question: please answer 1 & 2 and show work Memphis hardware has an ROA of 14%, a profit margin of 10%, and a ROE of 25%.

please answer 1 & 2 and show work

Memphis hardware has an ROA of 14%, a profit margin of 10%, and a ROE of 25%. What is its total assets turnover? oo - Format Format - B A E * h. Question 2 (2 points) Show all your work! Highland Avenue Corp. has $3,000 in current assets and $1,200 in current liabilities. Question 1: What is the firm's current ratio? Question 2: Its initial inventory level is $400, and it will raise funds by selling inventory and paying off notes payable. How much inventory must the firm sell so that its current ratio is 3.0? DSC-Format BIU

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