QUESTION 20 Current assets include A. buildings and inventory. B. equipment and cash. C. inventory and cash. D. inventory and machinery. E. cash and
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The top shop has a net income of $648 I need the answer for question 21

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QUESTION 20
Current assets include
A. buildings and inventory.
B. equipment and cash.
C. inventory and cash.
D. inventory and machinery.
E. cash and buildings.
QUESTION 21
The Top Shop has net income of $648 and total equity of $6,600. The debt-equity ratio is 0.6 and the plowback ratio is 55
percent. What is the internal growth rate?
A. 5.88%
B. 4.92%
O C. 3.87%
OD. 3.49%
QUESTION 22
Short-term finance
A. ensures that long-term debt is acquired at the lowest possible cost.
B. is concerned with managing net working capital.

Top Answer

Internal growth rate= ROA*b/[1-(ROA*b) Internal growth... View the full answer

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