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.
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):
28 The relationship between nominal rates, real rates, and inflation is known as the: Gordon growth model. term structure of interest rates. Miller and Modigliani theorem. interest rate risk premium. Fisher effect.