Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc. Net income $ 30,700 $ 115,000 Sales 336,000 2,370,000 Total assets 485,000 919,000 Total debt 229,000 465,000 Stockholders' equity 256,000 454,000 a-1. Compute return on stockholders’ equity for both firms. (Input your answers as a percent rounded to 2 decimal places.) a-2. Which firm has the higher return? Cable Corporation Multi-Media Inc. b. Compute the following additional ratios for both firms. (Input your Net income/Sales, Net income/Total assets and Debt/Total asset answers as a percent rounded to 2 decimal places. Round your Sales/Total assets answers to 2 decimal places.) Next Visit question mapQuestion 8 of 9 Total8 of 9 Prev

                                Cable Corporation           Multi-Media Inc.

Net income                   $30,700                        $115,000

Sales                           $336,000                   $2,370,000

Total assets                $485,000                       $919,000

Total debt                   $229,000                     $465,000

Stockholders' equity  $256,000                     $454,000

a-1. Compute return on stockholders’ equity for both firms.

ROE = net income / shareholders' equity

Cable Corporation ROE = $30,700 / $256,000 = 11.99%Multi-Media Inc. ROE = $115,000 / $454,000  = 25.33%

a-2. Which firm has the higher return?

Multi-Media Inc.

b. Compute the following additional ratios for both firms.

Input your Net income/Sales

Cable Corporation = $30,700 / $336,000 = 9.14%Multi-Media Inc. = $115,000 / $2,370,000  = 4.85%

Net income/Total assets

Cable Corporation = $30,700 / $485,000 = 6.33%Multi-Media Inc. = $115,000 / $919,000  = 12.51%

Debt/Total asset

Cable Corporation = $229,000 / $485,000 = 47.22%Multi-Media Inc. = $465,000 / $919,000  = 50.60%

Sales/Total assets

Cable Corporation = $336,000 / $485,000 = 0.69Multi-Media Inc. = $2,370,000 / $919,000  = 2.58

Me gustaria ir a Florida. Me gusta Florida porque ahi esta la playa. Florida tambien es un lugar bonito. Me gusta nadar y jugar en el mar. Tambien puedo comer mucho en Florida.

Explanation:

I would like to go to Florida. I like Florida because the beach is there. Florida is also a pretty place. I like to swim and play in the ocean. Also, I can eat a lot in Florida.