1) Retained earnings balance at 2015:

Net profit in 2015 = 50,000

Dividend paid= 30,000

Retained amount in 2015 = Net profit- dividend paid

Retained amount in 2015= 50,000-30,000=20,000

Retained amount in 2015=20,000

Retained earnings in 2014 =220,000

Retained amount in 2015 =20,000

Retained earnings balance at 2015 = 220,000+20,000=240,000

Correct option : c

2) correct option: c ( inventory turnover ratio)

Note :High inventory turnover ratio indicates company is selling inventory quickly

Low inventory turnover ratio indicates weak sales.

High inventory turnover indicates insufficient inventory and this could lead to lost sales.

Low inventory turnover ratio indicates over estimate of demand for it products

High inventory turnover ratio indicates fast moving inventories.