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27. Portland Plastics Inc. has the following data. If it follows the residual dividend policy, what is its forecasted dividend payout ratio? Capital budget Debt

27. Portland Plastics Inc. has the following data. If it follows the residual dividend policy, what is its forecasted dividend payout ratio? Capital budget Debt Net income (NI) $14,500 408 $12,000 a. 25.368 b. 27.508 c. 30.40% d. 35.208 e. 38.268

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