Dishwasher’s Delights plows back 69.00% of its earnings to take on projects that earn the firm a rate of return of 13.00%. Dishwasher’s stockholders require a return of 12.50% on their common stock. Earnings per share are expected to be $4.00 next year.

a. What is the expected growth rate for Dishwasher’s common stock? (Round your answer to 2 decimal places.)
Growth rate %
b. What is the expected dividend next year? (Round your answer to 2 decimal places.)
Dividend $
c. What is the intrinsic value of Dishwasher’s stock? (Round your answer to 2 decimal places.)
Intrinsic value $
d. If Dishwasher’s management chose to pay out all earnings as dividends, what would be the intrinsic value of its stock? (Round your answer to 2 decimal places.)
Intrinsic value $
e. What is the present value of growth opportunities for Dishwasher's Delights? (Round your answer to 2 decimal places.)

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.