Question 1A firm has sales of $350000 a profit margin of 6 percent a total asset turnover rate of 1.25 and an equity multiplier of 1.4. What is the return on equity?10.50 percent7.50 percent7.75 percent11.11 percent5.36 ercentQuestion 2ABC has total sales of $192 assets of $108 return on equity of 23% and net profit margin of 7%. What is the debt ratio?Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Question 3If the debt ratio is 0.60 the Debt/Equity Ratio is:1.250.251.200.200.801.5Question 4The ability of the firm to pay off short-term obligations as they come due is indicated by:My Grade Point AverageTurnover RatiosLiquidity RatiosProfitability Ratios