1. What is the primary source for finding federal grants? and why?
2. The “baby boomer” generation is getting close to retirement. Will this have any impact on investors’ preferences for dividends? How might firms respond to this? Under what circumstances would you have a preference for dividends?
3. Ivan's, Inc. paid $470 in dividends and $580 in interest this past year. Common stock increased by $190 and retained earnings decreased by $116. What is the net income for the year?