Use the following information for question 1-3 (show the calculation)

A firm has the following accounts and financial data for year 2015;

Sales revenue $3,000,000

Inventory 1,000,000

Interest expense 200,000

Total operating expenses 400,000

Total assets 5,000,000

Cost of goods sold 1,800,000

Preferred stock dividends 200,000

Tax rate 25%

Number of outstanding common stock shares 100,000

1. the firm EBIT is ------------ and interest coverage ratio for 2015 is --------------

a. $800,000 , 4 times

b. $1,000,000 , 5 times

c. $1,200,000 , 6 times

d. none of the above, the answer is ----------

2. the firm ROA for year 2015 is ---------------

a. 5%

b. 9%

c. 12%

d. none of the above, the answer is -----------

3. the firms earning per share for year 2015 is -----------

a. $2.5

b. $4.5

c. $6.0

d. none of the above, the answer is ----------