I am trying to calculate the earnings growth rate, the dividend growth rate and the stock selling price based on the following information:
EPS
2007 $1,200,000
2002 $816,000
Dividends per Share
2007 $600,000
2002 $420,000
Book value per share
2007 $9,000,000
Total Assets
2007 $20,000,000
Total Debt
2007 $11,000,000
Sales
2007 $37,000,000
I do know that the EPS growth rate is 8% but have no idea how it was calculated. Can you help?