Last year, grow now reported sales of 10 mollion, net inxome of 300,000, total assets of 8 million and total equity of 1 million. it the firm wants to increase sales next year by 10.49% and has a dividen payout ratio of 15% of earninhs, grow nows contribution to retained earnings next year will be _______ according to the sistainable growth model.

what is the level of cash collections from sales for the firm this month if:

-sales last month and the month before were 18,000 and 21,000

-sales this month are 22,000

-credit sales account for 65% of all sales

-the firm gives 30 day terms to 70% of the customers while the other 30% have 60 days

three years ago the common stock of makkeny corp sold for $63.28 on the NYSE. today the current share price for the firm is 35.81. the firm paid no dividens over this period of time and excecuted a two for one stock split two years ago. what is the annualized return an investor would realize today if she purchased makkeny three years ago?