24 . The length of time between the acquisition of inventory and its sale is called the : operating cycle . accounts receivable period . inventory period . accounts payable period . cash 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 ):
Ancient Industries just paid a dividend of $ 1.03 a share . The company announced today that it expects to pay $. 90 a share next year and a final liquidating dividend of $ 18.44 in two years . What is one share of this stock worth today if the required rate of return is 16 percent ?
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 .