Refer to the tables above. The firm's retum on equity is A) 23%. B) 56%. C) 58%. D) 100%. 22) BHS Inc. determines that sales will rise from $400,000 to $550,000 next year. Spontaneous assets are 60% of sales, and spontaneous liabilities are 30% of sales. BHS has an 8% profit margin and a 40% dividend payout ratio. What is the level of required new funds? A) $18,600 B) $138,600 C) $3,600 D) No new funds are needed 23) Wiggles Right forecasted inventory purchases of $5,000 in October, $4,000 in November, and $4,000 in December. All purchases are on credit. 40% is paid in the month of the purchase, and the remainder is paid in the following month. How much cash is paid in November? A) $5,400 B) $4,800 C) $6,000 D) $4,600