Bannister Legal Services generated $2 million in salesduring 2010, and its year-end total assets were $1.5 million. Also,at year-end 2010, current liabilities were $500k, consisting of$200k in notes payable, $200k in accounts payable and $100k inaccruals. Looking ahead at 2011, the company estimates that itsassets must increase at the same rate as sales, its spontaneousliabilities will increase at the same rate as sales, its profitmargin will be 5% and its payout ratio will be 60%. How large asales increase can the company achieve without having to raisefunds externally; that is, what is its self-supporting growthrate?

I need help with the following attachment in Finance. ASAP!

Financial Management Assignment #1

Here is the assignment for the week.  Use the California State Writing Rubric to gauge your progress.  The other rubric will be used later in the semester.

Question: Identify which 3 of the 10 Principles of Finance are most important to YOU and if starting a business or running a department, how would you communicate the importance to your department and directors?

10 Principles of Finance (chapter 1)

1. Risk – Return Trade off
2. Time Value of Money
3. Cash -not profits – is King
4. Incremental cash flows count
5. The curse of competitive markets
6. Efficient capital markets
7. The agency problem
8. Taxes bias business decisions
9. All risk is not equal.
10. Ethical dilemmas are everywhere in finance.