Question

You have recently learned that the company where you work is being sold for $290,000. The company's income statement indicates current profits of $9,000, which have yet to be paid out as dividends. Assuming the company will remain a "going concern" indefinitely and that the interest rate will remain constant at 8 percent, at what constant rate does the owner believe that profits will grow?

Answer 1

Answer:

constant rate constant rate

Answer 2

Answer:

the dude above me is correct

Explanation: