esidual Distribution Model Itstanding); its shareholders expect the dividend to remain constant for the next several years. The company's target capital structure is 35% debt and 65% equity. For example, an answer of $2 million should be entered as 2,000,000, not 2 . Round your answer to the nearest dollar. $ $ What will be its payout ratio for the upcoming year? Round your answer to two decimal places. % $2 million should be entered as 2,000,000, not 2 . Round your answer to the nearest dollar. $ be financed with debt? Round your answer to two decimal places. % example, an answer of $2 million should be entered as 2,000,000, not 2. Round your answer to the nearest dollar. $ answer in dollars. For example, an answer of $2 million should be entered as 2,000,000, not 2. Round your answer to the nearest dollar. $ h. If a firm follows the residual distribution policy, what actions can it take when its forecasted retained earnings are less than the retained earnings required to fund its capital budget? \begin{tabular}{l} \hline -Select- \\ -Select- \\ Issue new common stock. \\ Change capital structure, that is, use less debt. \\ Increase its capital budget. \\ Increase dividends. \\ Declare a stock dividend. \end{tabular}