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Fauver Industries plans to have a capital budget of $ 6 0 0 , 0 0 0 . It wants to maintain a target capital
Fauver Industries plans to have a capital budget of $ It wants to maintain a target capital structure of debt and equity, and it also wants to pay a dividend of $ If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance? Group of answer choices $ $ $ $ $
Fauver Industries plans to have a capital budget of $ It wants to maintain a target capital structure of debt and equity, and it also wants to pay a dividend of $ If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance?
Group of answer choices
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$
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$
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