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Business, 26.06.2019 05:10 ethanseiter
Grandin inc. is evaluating its dividend policy. it has a capital budget of $625,000, and it wants to maintain a target capital structure of 60% debt and 40% equity. the company forecasts a net income of $475,000. if it follows the residual dividend policy, what is its forecasted dividend payout ratioa. 40.61%b. 42.75%c. 45.00%d. 47.37%e. 49.74%
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Grandin inc. is evaluating its dividend policy. it has a capital budget of $625,000, and it wants to...
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