39.) Plato Inc. expects to have net income of $10,000,000 during the next year. Plato's...
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39.) Plato Inc. expects to have net income of $10,000,000 during the next year. Plato's target capital structure is 20% debt and 80% equity. The company's director of capital budgeting has determined that the optimal capital budget for the coming year is $8,000,000. If Plato follows a residual distribution policy (with all distributions in the form of dividends) to determine the coming years dividend, then what is Plato's expected dividend payments?
$10,000,000
$8,000,000
$3,600,000
$6,400,000
40.)
Using the data from Question 39, find Platos dividend payout ratio
36%
64%
80%
30%
41.)
Using the data from Question 39, find Platos dividend payout ratio
36%
64%
80%
30%
42.)
Based on the information from Question 41, what is the average level of the companys costly trade credit?
$10,000
$20,000
$30,000
$365,000
43.)
Based on the information from Question 41 and 42, what is the average level of the companys total trade credit?
$10,000
$20,000
$30,000
$365,000
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