1.ABC Corporation currently has an Inventory Turnover of 24.81, an Accounts Receivable Turnover of 13.4. How many days are in the operating cycle?

2.ABC Company has projected Sales of$27,770in January.The sales are expected to grow by4%each month.ABC's collection schedule is as follows:

ABC collects15percent of its sales in the month of sale and theremainderis collected in thefollowingmonth. What is the amount of the Aprilcashcollections?

3.Suppose the company is expected to pay a dividend of $8.01. next year That is, D1is $8.01. What is the amount of dividend in Year 12? That is, what is D12? Assume that the dividends are expected to grow by 6% each year.

4.ABC, Inc.'s stock is currently selling for $132.23. The dividends are expected to grow at 3.71% each year forever. If the required rate of return on the stock is 15.04%, what is the current period's dividend? That is, solve for D0.

5.ABC. Inc is expected to pay a dividend of $46.17 per share. The dividends are expected to increase by 2% each year. The required rate of return on the stock is 13%. What is the stock's expected price 12 years from today (i.e., what is P12)?

6.ABC,. Inc just paid a dividend of $2.63. The dividends are expected to grow by 14% in Years 1-3. After that, the dividends are expected to grow by 1% each year. If the required rate of return is 18%, what is today's price of the stock?