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 .