Business, 25.02.2020 01:40, sama3638

QUESTION 40 The capital budget forecast for the Santano Company is $725,000. The CFO wants to maintain a target capital structure of 45% debt and 55% equity, and it also wants to pay dividends of $500,000. If the company follows the residual dividend policy, how much income must it earn, and what will its dividend payout ratio be

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QUESTION 40 The capital budget forecast for the Santano Company is $725,000. The CFO wants to mainta...