Question 21 (2 points) Taylor borrowed $225,000 for a new house. What is Taylor's monthly mortgage payment if the loan carries an APR of 3.50%, compounded monthly, and is financed for 20 years? a) $895.83 Ob) $1,304.91 c) $1,246.91 d) $937.50 e) $1,188.92 Question 31 (2 points) Refer to the accounting information below for Doogie's Doggie Treats. What is the firm's return on assets? Doogie's Doggie Treats Balance Sheet For Year Ending 20XX Cash Accounts Receivable Inventory Total Current Assets Net Fixed Assets Total Assets $ $ $ $ $ $ 30,000 90,000 110,000 230,000 380,000 610,000 Total Current Liabilities Long-term Debt Total Debt Common Stock Retained Eamings Total Liabilities and Shareholders' Equity $ $ $ $ $ $ 190,000 280,000 470,000 40,000 100,000 610,000 Sales Net Income Dividends Paid Selected Market and Income Statement Data $ 800,000 Common Shares Outstanding $ 40,000 Common Shares Authorized $ 20,000 Share Price 500,000 250,000 2.10 A Sales Net Income Dividends Paid $ $ $ 800,000 40,000 20,000 Common Shares Outstanding Common Shares Authorized Share Price 500,000 250,000 2.10 a) 1.21x b) 6.56% c) 5.00% d) 1.31% Oe) 28.57%