1. Dearborn Supplies has total sales of $ 207 million, assets of $ 91 million, a return on equity of 29 percent, and a net profit margin of 7.2 percent. What is the firm's debt ratio?
2. Mr. Jones has deposited his life savings of $70 000 in a retirement income plan with a local bank. The bank pays 10% per year, compounded continuously on such deposits. What is the maximum fixed amount Mr. Jones can withdraw at the end of each year and still have the funds last for 15 years?
3. You get a bid-ask quote of 1.06-1.1 USD/CAD, and a bid-ask quote of 82-83 JPY/USD. If you have some CAD, and want to buy some JPY, what is your resulting price for JPY, expressed as CAD/JPY Careful now, be sure to use the correct side of the bid/ask quotes at each step! Enter answer accurate to 5 decimal places.