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Allied foods target capital structure calls for 50% debt 10% preferred stock and 40% equity. If Allied's net income is $80 million and plans to

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Allied foods target capital structure calls for 50% debt 10% preferred stock and 40% equity. If Allied's net income is $80 million and plans to pay 20% of that in dividends, how large can next year's capital budget be without having to issue new stock? $225 M $200 M $150 M $160 M

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