Sparkling water, inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. this year each bottle will sell for $1.46 in real terms and will cost $.82 in real terms. sales income and costs occur at year-end. revenues will rise at a real rate of 1.7 percent annually, while real costs will rise at a real rate of .8 percent annually. the real discount rate is 5 percent. the corporate tax rate is 25 percent. what is the company worth today?

Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?