You are estimating your company's external financing needs for the next year. At the end of the year you expect that owners' equity will be dollar 80 million, total assets will amount to dollar 170 million, and total liabilities will be dollar 70 million. How much will your firm need to borrow, or otherwise acquire, from outside sources during the year? m dollar 20 million dollar 70 million dollar 150 million dollar 180 million Patriots Products earned net income of dollar 400,000 in 2011. The firm increased its accounts receivable during the year by dollar250,000. The book value of its assets declined by the year's depreciation charge, which was dollar 180,000, and the market value of its assets increased by dollar 20,000. Based only on this information, how much cash did Patriots Products generate during the year? Please ignore taxes for this problem. dollar 180,000 dollar330,000 dollar 400,000 dollar 250,000 Karissa Dog Kennels Inc. has a 4.5 percent profit margin and a 15 percent dividend payout ratio. The asset turnover ratio is 1.6 and the assets-to-equity ratio (using beginning-of-period equity) is 1.77. What is the sustainable rate of growth? 1.91% 6.12% 10.83% 12.74% Which of the following is not a use of cash? decrease in accounts receivable decrease in common stock decrease in long-term debt increase in inventory If the estimate for a company's external financing was negative, this would imply that the company would have excess cash above its desired minimum. Trae False