FIN 571 TUTOR Career Path Begins/fin571tutor.com FIN 571 TUTOR Career Path Begins/fin571tutor.com | Page 3

22. The Wintergrass Company has an ROE of 15.1 percent and a payout
ratio of 40 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.)
23. If the Hunter Corp. has an ROE of 7 and a payout ratio of 15 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.)
24.The length of time between the acquisition of inventory and its sale is
called the:
operating cycle.
accounts receivable period.
inventory period.
accounts payable period.
cash cycle.
25.The most common means of financing a temporary cash deficit is a:
long-term secured bank loan.
long-term unsecured bank loan.
short-term secured bank loan.
short-term issue of corporate bonds.
short-term unsecured bank loan.
26. Consider the following financial statement information for the Rivers
Corporation:
27.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):
Ancient Industries just paid a dividend of $1.03 a share. The company
announced today that it expects to pay $.90 a share next year and a final
liquidating dividend of $18.44 in two years. What is one sha