Keller Co. has a target capital structure that consists of 37.5% debt and 62.5% equity. The company anticipates that its capital budget for the upcoming year will be $500,000. If Keller reports net income of $750,000 and it follows a residual dividend payout policy, what will be its dividend payout ratio? 58.33% 04.17% 75.00% 087.50%