Question
A firm wants to limit its new debt issue to $10 mil and has no interest in adding new equity. Net income is forecasted at
A firm wants to limit its new debt issue to $10 mil and has no interest in adding new equity. Net income is forecasted at $30 mil and new assets of $22 mil will be needed to sustain the growth of the company. What dividend will the company pay to maintain its objectives?
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
