You need to use the information from problem 4 to answer 5 and 6. If you can not answer the question please let another figure it out because this is all the information provided for this problem. Thank you

Question 4 (1 point) A firm has a ROA of 10% and a Equity Multiplier of 2. What is the firm's ROE? Question 5 (1 point) If your corporation has taxable income of $50,000 then how much will it pay in taxes? Question 6 (1 point) Your firm has EBT of $120,000, all is which is considered taxable income. What is the firm's net income? Question 7 (1 point) A firm has the following balance sheet as August 31, 2019. What is its current ratio? Cash Inventory Prepaid Expenses Property, plant, and Equipment Goodwill Total Assets $5,000 $19,375 $10,000 $100,000 $ 25,000 $159,375 Accounts Payable Accruals Current Portion of Long Term Bonds Payable Long Term Bonds Payable Common Stock, Par Common Stock, Paid in Capital Retained Earnings Total Liabilities and Equity $5.000 $15,000 $ 25,000 $50.000 $1,000 $50,000 $3,375 $159,375 Question 8 (1 point) Using the information below, calculate the 2019 Operating Cash Flow. 2019 2018 3:33 PM 1 Type here to search e * 9 $ @ W op ^ . 4x ENG 9/3/20191 Question 4 (1 point) A firm has a ROA of 10% and a Equity Multiplier of 2. What is the firm's ROE? Question 5 (1 point) If your corporation has taxable income of $50,000 then how much will it pay in taxes? Question 6 (1 point) Your firm has EBT of $120,000, all is which is considered taxable income. What is the firm's net income? Question 7 (1 point) A firm has the following balance sheet as August 31, 2019. What is its current ratio? Cash Inventory Prepaid Expenses Property, plant, and Equipment Goodwill Total Assets $5,000 $19,375 $10,000 $100,000 $ 25,000 $159,375 Accounts Payable Accruals Current Portion of Long Term Bonds Payable Long Term Bonds Payable Common Stock, Par Common Stock, Paid in Capital Retained Earnings Total Liabilities and Equity $5.000 $15,000 $ 25,000 $50.000 $1,000 $50,000 $3,375 $159,375 Question 8 (1 point) Using the information below, calculate the 2019 Operating Cash Flow. 2019 2018 3:33 PM 1 Type here to search e * 9 $ @ W op ^ . 4x ENG 9/3/20191