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ASAP please A 140 B 233 C 218 D 78 E 348 F 264 A firm that uses a residual dividend policy has a debt

ASAP please
A 140
B 233
C 218
D 78
E 348
F 264
image text in transcribed
A firm that uses a residual dividend policy has a debt to equity ratio of 60%. Assume that the change in current assets, the change in current liabilities, and depreciation are zero. Suppose that in the next period, the firm expects to invest $580 in net long-term assets and to have earnings of $440. Find the dividends that the firm expects to pay next period. Multiple Choice O $140 $233 O $218 $78

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