QUESTION 1 The inventory turnover ratio would be most important when analyzing an)... a. insurance company. b.consulting firm. c. grocery store. d. medical clinic. e.commercial bank. QUESTION 2 Which of the following statements is correct? a. The higher its debt ratio, the lower a firm's BEP ratio will be, other things held constant, b. The higher the interest rate on its debt, the lower a firm's BEP ratio will be other things held constant Oc The higher its tax rate, the lower a firm's BEP ratio will be, other things held constant Od. If a firm's expected basic eaming power (BEP) is constant for all of its assets and exceeds the interest rate on its debt, then adding assets and financing them with debt will raise the firm's expected retum on common equity (ROE) Click Save and Submit to save and submir. Click Save All Answers to sou all ans. $