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Mr. Hankey's Portable Toilets Inc. uses the residual dividend model to set its dividends. Selected financial information for Mr. Hankey's is provided in the table

Mr. Hankey's Portable Toilets Inc. uses the residual dividend model to set its dividends. Selected financial information for Mr. Hankey's is provided in the table below. Selected Financial Information Mr. Hankey's Portable Toilets Inc. Net Income $16.50 million Equity Capital Structure Weight 0.6 Shares Outstanding 1 million How many additional funds does Mr. Hankey need to borrow in order to support its new investments? 27.5M, 11M 16.5M, 11M 16.5M, 10M 27.5M, 10M Mr. Hankey's Portable Toilets Inc. uses the residual dividend model to set its dividends. Selected financial information for Mr. Hankey's is provided in the table below. Selected Financial Information Mr. Hankey's Portable Toilets Inc. Net Income $16.50 million Equity Capital Structure Weight 0.6 Shares Outstanding 1 million How many additional funds does Mr. Hankey need to borrow in order to support its new investments? 27.5M, 11M 16.5M, 11M 16.5M, 10M 27.5M, 10M

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