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l Wll be its dividend payout ratio? (14-2) Petersen Company has Policy net income this year will be $600,000. 1f the company follow s a

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l Wll be its dividend payout ratio? (14-2) Petersen Company has Policy net income this year will be $600,000. 1f the company follow s a capital budget of s1.2 million. The company wants to eaintain 40% equity. The company forecasts that its company folows a residual dustributios model and pays all distributions as dividends, what will be its payout ratiuo

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