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Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $950,000. If
Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $950,000. If the company follows a residual dividend policy, how much dividends will it pay or, alternatively, how much new stock must it issue? Select the correct answer. O a. Dividends $482 Stock issued $250,482 b. Dividends $321 Stock issued $250,321 O c Dividends $643 Stock issued $250,643 O d. Dividends $0 Stock issued $250,000 O e. Dividends $161 Stock issued $250,161
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