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 .)