1. How does the federal budget account for federal loans and loan guarantees?
a. federal loans and loan guarantee programs are not included in the federal budget
b. budget for the cash payments that are expected to be needed in the current year
c. the is no standardized approach; that is, each agency gets to decide how to budget for the loan and loan guarantee programs under its jurisdiction
d. budget for the present value of expected long-term costs to the federal government
2. Profit margin = 8.6 % Capital intensity ratio = .47 Debt−equity ratio = .62 Net income = $ 97,000 Dividends = $ 43,000 Based on the above information, calculate the sustainable growth rate for Southern Lights Co.