ios tolu StUHCal values... Select one: True or False Po ne pioected tihancial 23. A nursing home projects asset growth at 10 percent per year over the next 10 years. If it wishes to reduce its reliance on debt financing, what rate of equity growth over the 10-year period will be desired? A. 10 percent per year B. Less than 10 percent per year C. Greater than 10 percent per year D. None of the above 24. Your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. Growth Rate in Equity ease because: A. Total Asset Turnover will increase B. Investment Income will increase C. Both A and B 25. Your firm's strategic plan calls for a net increase in total assets of $100 millin during the next five years, which represents an annual compounded growth rate of 15 percent. Equity growth is also projected to be 15 percent per year. Assume that the firm's Total Asset Turnover will average 1.0 in each of the five years and Equity Financing percentages will remain constant at 50 percent. The firm projects Reported Income Index values to be 0.85 each year. What is the required Tota Margin that will make this plan financially feasible? A. B. C. D. 12.75 percent 6.38 percent 15.0 percent None of the above