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ASAP please A 576 B 320 C 440 D 400 E 256 F 384 A firm uses a residual dividend policy. The firm has a

ASAP please
A 576
B 320
C 440
D 400
E 256
F 384 image text in transcribed
A firm uses a residual dividend policy. The firm has a debt to equity ratio of 80% and 60 shares outstanding. Assume that the change in current assets, the change in current liabilities, and depreciation are zero. Suppose that next period, the firm expects earnings to be $320. Find the maximum net capital spending that the firm could expect next period. Multiple Choice O $576 D $320 O $440 O $400

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