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4. Refer to the table below which contains year-end data to help you answer the sub- questions. (Each sub-question is worth 10 points.) [Have you

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4. Refer to the table below which contains year-end data to help you answer the sub- questions. (Each sub-question is worth 10 points.) [Have you put a circle around your final answer?] 1988 1993 9556 2013 17,05 12851 2003 13:43 33.306 20.800 52 101747 2003 10.965 3645 1915 199 1517 73.95 2560 $5,902 $9,001 $6.974 $1,302 $5,671 $956 $239 5717 40% 2018 20.688 80,709 50,615 7,074 43,541 Revenue, Source 1 1903 Revenue, Source 2 Total Costs Interest Depreciation Pretax income Taxes Net Income Dividend Payout Ratio EBIT Operating Cash Flow Dividends Pald 1.44 7:07 141-75 125.19 40% OP 40 260. Sot Assume you can apply the dividend payout ratio (which is 40%) and the tax rate observed in 1988 which is 25%) throughout Hints: Use the grid above to write in some handy data. Also, draw a time- line to help you determine the number of periods. A. What is the continuously compounded growth rate over the 30-year period from 1988 to 2018 for Total Revenue? 101.397 = 16:60% Car ) B. What is the continuously compounded growth rate over the 30-year period from 1988 to 2018 for Dividends? so 730 28.8 -1- CAR= (2 ) [5.65% C. What is the continuously compounded growth rate over the 30-year period from 1988 to 2018 for Net Income? 42. 125.26 117 CAR D. What is the continuously compounded growth rate over the 30-year period from 1988 to 2018 for Operating Cash Flow? Use: Operating Cash Flow - EBIT + Depreciation -- Taxes Paid 1988: 1565671-234 288 2016 16+43641 - 41.75=43664.26 130 CR 4346666.25 6288 - 1 = 76.62% 41 Page

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