Question 5 Fundamental growth in net income (Show me your formula and details) You are trying to estimate the expected growth in net income at Metallica Corporation, a manufacturing rm that reported $150 million in net income in the just-completed nancial year; the book value of equity at the beginning of the year was $1 billion. The rm had capital expenditures of $160 million, depreciation of $ 100 million, and an increase in working capital of $40 million during the year. The debt outstanding increased by $40 million during the year. Estimate the equity reinvestment rate and expected growth in net income