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15. A firm has a debt-equity ratio of .35. What is the total debt ratio?
16. Galaxy United, Inc.
2009 Income Statement
What is the quick ratio for 2009?
17. Reliable Cars has sales of $3,700, total assets of $3,050, 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 total debt of $1,480 and a debt-equity ratio of .29. What is
the value of the total assets?
19. The sustainable growth rate:
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: