4.1 Growth Rates Go to quote.yahoo.com and enter the ticker symbol "IP" for International Paper. When you get the quote, follow the "Research" link. What is the projected sales growth for International Paper for next year? What is the projected earnings growth rate for next year? For the next five years? How do these earnings growth projections compare to the industry, sector, and S&P 500 index?

4.2 Applying Percentage of Sales Locate the most recent annual financial statements for Du Pont at www.dupont.com under the "Investor Center" link. Locate the annual report. Using the growth in sales for the most recent year as the projected sales growth for next year, construct a pro forma income statement and balance sheet.

4.3 Growth Rates You can find the home page for Caterpillar, Inc., at www.caterpillar.com. Go to the web page, select "Cat Stock," and find the most recent annual report. Using the information from the financial statements, what is the internal growth rate for Caterpillar? What is the sustainable growth rate?