1. The ABC Corp. had net income of $100,000 of which 50 percent was distributed to the shareholders as dividends. During the year, the company sold $75,000 worth of common stock. Which is the cash flow to stockholders?
2. How much will $1,000 deposited in a savings account earning an annual interest rate of 6 percent be worth at the end of 5 years?
3. What is the future value of a $300 annuity payment over 6 years if the interest rate is 7%?