1. Homer has been investing $3,000 at the beginning of each year for the past 16 years. How much has accumulated assuming he has earned 8% compounded annually on his investment?
2. If you have net income 1637000 and assets of 9714000 along with 5314000 in total debt and your company pays 20 percent of net income out in dividents:
What is the sustainable growth rate?
What is the internal growth rate?