1. Internal Growth Rate Last year Umbrellas Unlimited Corporation had an ROA of 10.8% and a dividend payout ratio of 49.2%. What is the internal growth rate?
1%
5.8%
2.49%
116.64%
2. Future Value of an Annuity Due If the future value of an ordinary, 5-year annuity is $7,200 and interest rates are 8 percent, what's the future value of the same annuity due?
$7,200
$7,776.02
$7,560
$6,666.67