Problem #2 A. A firm's fixed assets = $100,000, total assets = $400,000, and current liabilities = $200,000. What is the firm's current ratio? 0.5 1.0 1.5 2.5 B. An increasing "days in patient accounts receivable" indicates The firm is generating more income. Accounts receivable are going down. The firm is becoming more efficient in its collection policy The firm is becoming less efficient in its collection policy C. A firm's total margin= 6.0% total asset turnover= 1.5. and the equity multiplier 20. What is the firm's retum on equity? 9.0% 18.0% There is not enough information to calculate return on equity