21. Eagle Sports had sales in 2018 of $1,750,000, cost of sales of $900,000, average accounts receivable of $600,000 and average inventory of S325,000. How many days, on average, does it take Eagle Sports to sell its inventory assuming that all sales are on credit? (Assume 365-day year; Show calculation) A company computes its earnings retention ratio, dividend yield, and capital intensity ratio: 22. Which figure represents the amount of assets the company needs in order to generate a Si of earnings? 23. Which figure represents the percentage of earnings a company reinvests in its business? 24. Which figure represents the relationship between a company's dividend payout and its market value? 25. A company can usually increase sales without increasing which one of the following (accounts receivable, cost of sales, accounts payable, inventory, or fixed assets)? 26. The Cookie Shoppe expects sales of $2,500,000 next year at a 5% pretax profit margin and an average tax rate of 18%. If it chooses to pay out 40% of its earnings as dividends, what is the projected increase in retained earnings? (Show calculation) 27. You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this goal. You are planning on investing in an account which will pay 7.5% annual interest, which of the following will reduce the amount that you must deposit today if you are to have your desired $1 million on the day you retire (there could be more than one answer)? A. Invest in a different account paying a higher rate of interest. B. Invest in a different account paying a lower rate of interest. C. Retire later. D. Retire sooner