17 . Reliable Cars has sales of $ 3,850 , total assets of $ 3,350 , 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 net working capital of $ 344 , net fixed assets of $ 2,292 , sales of $ 6,000 , and current liabilities of $ 800 . How many dollars worth of sales are generated from every $ 1 in total assets ?
19 . One of the primary weaknesses of many financial planning models is that they : ignore the goals and objectives of senior management . ignore the size , risk , and timing of cash flows . are iterative in nature . rely too much on financial relationships and too little on accounting relationships . ignore cash payouts to stockholders .
20 . The external funds needed ( EFN ) equation projects the addition to retained earnings as :
21 . Which account is least apt to vary directly with sales ? accounts payable inventory accounts receivable notes payable cost of goods sold
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 .)