1. Last year the Rondoelea Products Company had $133 million in annual sales and a net profit margin of 10.4 percent. In? addition, Rondoelea's average tax rate was 30 percent. If Rondoelea had $44 million of debt outstanding with an average interest rate of 9.6 ?percent, what is the? firm's times interest earned? ratio?
2. Topic: Using supply-demand analysis, briefly discuss the future of the real estate market in Los Angeles. (Hint: What do you think about the future price? Bubble? The possibility of burst? If so, when?)