1. Discuss the differences between operating and financial leases.
2. Describe the difference between a plurality and a majority. Give of example of how someone can win with plurality but not majority
3. Nadine Enterprises has total assets of $10,000,000, a debt equity ratio of 0.65, Net profit margin of 4% and total asset turnover ratio of 3.0. The firm has $2,000,000 in current liabilities and has $1,000,000 in preferred equity. What is the return on equity? Please show all work.