d. ignoring the treatment of taxes, depreciation and interest as expenses 10. Sustainable grouth rate is the maximum possible growth rate tor a tim b. that maintains a constant debt ratio and does not sell new stock d. that relies on the issue of new bonds that relies on internal financing that relies on the sale of new atocks 11. Profit Margin x Total Asset Turnover is equal to a. b. C. Return on total debt Return on Asset Return on Equity d. Return on Sales 12. Annuities where the payments occur at the end of each time period are called inning of the time perlod refers to a. Ordinary annuities, late annuities Late annuities, straight annuities c. Straight annuities, late annuities d. Annuities due, ordinary annuities e. Ordinary annuities, annuities due 13. Continuous compounding implies that interest is earned once a year interest is earned daily interest is earned infinite number of times in the year all of the above apply none of the above correct b. e. 14. According to the Rule of 12, it will take money at a 6.7 percent rate of interest. years to double your a. 11.25 yearsb. 11.33 years .10.75 years d. 10.45 years 15. Which one of the following statements is correct, all else held constant? aThe future value will decrease if the interest rate is, increased. b. The present value is inversely related to the interest rate. c. An increase in the interest rate will increase the time period d. The future value and the present value are inversely related