Please show your working and explain the reasoning for your answer.

The following data from ACME Engineering applies to the following five questions (Q 1-5). Cash $100 Fixed assets $280 Sales $1,200 EBIT $462 NPAT $358 Inventory $180 Accounts receivable $148 Current ratio 3.2 Shareholder's Equity $500 Determine ACME's long term debt commitment. Select one: O a. 74 O b. 500 O c. 208 O d. 134 Calculate the Return on Equity for ACME Engineering. Select one: O a. 92.40% O b. 29.80% O c. 38.50% O d. 71.60%