c. (1) Assume that SSC has completed its IPO and has a $112.5 million capital budget planned
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c. (1) Assume that SSC has completed its IPO and has a $112.5 million capital budget planned for the coming year. You have determined that its present capital structure
(80% equity and 20% debt) is optimal, and its net income is forecasted at $140 million.
Use the residual distribution approach to determine SSC’s total dollar distribution.
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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