Cullumber Company has a debt-to-equity ratio of 1.65 , ROA of 10.0 percent, and total equity of $1,861,000. What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, e.g. 12.55, debt ratio to 3 decimal places, e.g. 12.551 and ROE to 1 decimal place, e.g. 12.5\%.) 1/ Cullumber Supply Company wants to set up a division that provides copy and fax services to businesses. Customers will be given 20 days to pay for such services. The annual revenue of the division is estimated to be $23,800. Assuming that the customers take the full 20 days to pay, what is the incremental cash flow associated with accounts receivable? (Round intermediate calculation to 2 decimal places, e.g. 15.75 and final answer to the nearest whole dollar, e.g. 5,275. Use 365 days for calculation.) Pharoah Shovel Corporation has decided to bid for a contract to supply shovels to the Honduran Army. The Honduran Army intends to buy 1,100 shovels per year for the next 3 years. To supply these shovels, Pharoah will have to acquire manufacturing equipment at a cost of $172,000. This equipment will be depreciated on a straight-line basis over its five-year lifetime. At the end of the third year, Pharoah can sell the equipment for exactly its book value (\$68,800). Additional fixed costs will be $37,000 per year, and variable costs will be $2 per shovel. An additional investment of $24,000 in net working capital will be required when the project is initiated. This investment will be recovered at the end of the third year. Pharoah Shovel has a 27 percent marginal tax rate and a 17 percent required rate of return on the project. What is the lowest possible per shovel price that Pharoah can offer for the contract and still create value for its stockholders? (Round Round CF Opns answer to 0 decimal places, e.g. 5,275 and final answer to 2 decimal places, e.g. 15.25.)