FIN 571 NERD Education Specialist /fin571nerd.com FIN 571 NERD Education Specialist /fin571nerd.com | Page 2

ratio of .29. What is the value of the total assets? 19. The sustainable growth rate: 20. If a firm bases its growth projection on the rate of sustainable growth, shows positive net income, and has a dividend payout ratio of 30 percent, then the: 21.Which account is least apt to vary directly with sales? 22. If the Hunter Corp. has an ROE of 14 and a payout ratio of 17 percent, what is its sustainable growth rate?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 13.15 23. The Wintergrass Company has an ROE of 13.2 percent and a payout ratio of 30 percent. What is the company’s sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 24. The most common means of financing a temporary cash deficit is a: 25.The length of time between the acquisition of inventory by a firm and the payment by the firm for that inventory is called the: 26. Here are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Input all amounts as positive values): 27. Consider the following financial statement information for the Rivers Corporation: Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 28. The nominal rate of return on a bond is 7.28 percent while the real rate is 3.09 percent. What is the rate of inflation? 29. Unique Stores common stock pays a constant annual dividend of $1.75 a share. What is the value of this stock at a discount rate of 13.25 percent? 30. How much are you willing to pay for one share of stock if the company just paid an annual dividend of $1.03, the dividends increase by 3 percent annually, and you require a rate of return of 15 percent? 31. The relationship between nominal rates, real rates, and inflation is known as the: term structure of interest rates. 32. Titan Mining Corporation has 9.5 million shares of common stock outstanding and 390,000 5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $43 per share and has a beta of 1.25, and the bonds have 15 years to maturity and sell for 114 percent of par. The market risk premium is 8.3