1) Select 2 firms of interest from finance. google.com, money.msn.com, fiance.yahoo.com, and download their financial statements.
For each firm:
i) prepare ROE, number of shares outstanding, dividends per share, and net income.
ii) find out the sustainable growth rate (g = b * ROE), where b equals plowback ratio.
iii) Compute total amount of dividends paid, dividend payout ratio (total dividends paid/net income), and plowback ratio (1 - dividend payout ratio).
iv) What does this information disclose about ROE for firms you chosen?
Make sure to comprise link for financial statements that you choose.
Requirements: Min Pages: 1