33.2% 48.6% Return on equity Debt ratio 1) None of the amounts in this list are within $100 of the correct answer. 2) 573,313 3) $43,240 04 $57,169 5) $25,051 Next Page Previous 1 Question 27 (2 points) The table below presents income statement data and some assorted financial ratios for three diferent clothing store companies: RedRock LLC, Explorer LLC, and GForce LLC. Using this data, what did Explorer LLC report as Total Equity on its income statement (rounded, if necessary, to the nearest dollar)? All income statement figures are in dollars RedRock LLC Explorer LLC Financial Statement Account Depreciation 47,300 8,100 Gross sales 684,000 318,000 Operating expenses 45,400 62,000 Returns and allowances 13,000 8,000 Taxes 4,850 12,860 GForce LLC 12,900 976,000 110,000 62,000 38,760 Assorted Financial Ratios Gross profit margin Current ratio 30% 1.8 35% 1.2 Times interest earned ratio Return on equity Debt ratio 26% 3.3 1.6 2.5 14.4% 48.6% 1) None of the amounts in this list are within $100 of the correct answer. 5.8% 33.2% 4.2 24.7% 78.8% 33.2% 48.6% Return on equity Debt ratio 1) None of the amounts in this list are within $100 of the correct answer. 2) 573,313 3) $43,240 04 $57,169 5) $25,051 Next Page Previous 1 Question 27 (2 points) The table below presents income statement data and some assorted financial ratios for three diferent clothing store companies: RedRock LLC, Explorer LLC, and GForce LLC. Using this data, what did Explorer LLC report as Total Equity on its income statement (rounded, if necessary, to the nearest dollar)? All income statement figures are in dollars RedRock LLC Explorer LLC Financial Statement Account Depreciation 47,300 8,100 Gross sales 684,000 318,000 Operating expenses 45,400 62,000 Returns and allowances 13,000 8,000 Taxes 4,850 12,860 GForce LLC 12,900 976,000 110,000 62,000 38,760 Assorted Financial Ratios Gross profit margin Current ratio 30% 1.8 35% 1.2 Times interest earned ratio Return on equity Debt ratio 26% 3.3 1.6 2.5 14.4% 48.6% 1) None of the amounts in this list are within $100 of the correct answer. 5.8% 33.2% 4.2 24.7% 78.8%