A company's projected capital budget is $800,000, its target capital structure is 50% debt and...
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Finance
A company's projected capital budget is $800,000, its target capital structure is 50% debt and 50% equity and its forecasted net income is $700,000. If the company follows a residual dividend policy, what total dividends, if any, will it pay out and what is the payout ratio? 200,000; 28.57% 150,000; 21.43% O 300,000; 42.86% 100,000; 14.29% 250,000; 35.71%
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