1. Henderson's Hardware has an ROA of 12%, a 4% profit margin, and an ROE of 18%. What is its total assets turnover? Round your answer to two decimal places. What is its equity multiplier? Round your answer to two decimal places.
2. Edelman Engines has $15 billion in total assets. Its balance sheet shows $1.5 billion in current liabilities, $6.75 billion in long-term debt, and $6.75 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $49 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.