16. Galaxy United, Inc. 2009 Income Statement($ in millions) What is the quick ratio for 2009? 17. Reliable Cars has sales of $ 3,700, total assets of $ 3,050, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity? 18. A firm has total debt of $ 1,480 and a debt-equity 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? 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? 24. The most common means of financing a temporary cash deficit is a: 25. The length of time between the acquisition of inventory and its sale 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. 27. Consider the following financial statement information for the Rivers Corporation: Calculate the operating and cash cycles. 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: 32. Titan Mining Corporation has 9.5 million shares of common stock outstanding and 390,000 5 percentsemiannual 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