You are valuing a stock of a high growth firm. The firm just paid a dividend of $1.30 per share. The dividend is expected to grow at the rate of 21%, 18% and 13% respectively next three years. After the three year period, the dividends are going to grow at a constant rate of 5% for the foreseeable future. If the required rate of return is 8%, what is the value of this stock

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.