Problem 2 Part Compute the maturity value as indicated for each of the following notes receivable. 1. A $9,000,6%, 3-month note dated July 20. Part B Determine the interest on the following notes: (a) (b) (0) (d) $5.000 at 6% for 90 days. $800 at 9% for 5 months. $6,000 at 8% for 60 days $1,600 at 7% for 6 months Problem 3 Forcum Company reports the following information (in millions) during a recent year net sales, $12.408.5; net carnings, $344.9; total assets, ending. $4,312.6; and total assets, beginning, 54.254.3. Instructions: (a) (b) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin ratios. Prove mathematically how the profit margin and asset turnover ratios work together to explain return on assets, by showing the appropriate calculations. Page 8 of 11