CC Corp. has a ratio of total debt to total assets of 0.45 and a current ratio of 1.25. CC (7%) Corp.’s current liabilities are $800, sales are $7,000, and total equity is $2,750. Compute and interpret precisely CC Corp.’s fixed asset turnover ratio. 3. Lee needs to withdraw an amount of $42,000 at the end of her first quarter of retirement (17%) from an investment account that generates an annual rate of return of 7.2%, compounded daily. Afterwards, she continues the quarterly withdrawal with the amount growing at a quarterly inflation rate of 1.0% at the end of each quarter over her expected retirement horizon of 20 years. Assume 360-day