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Office products follows the constant payout ratio dividend policy by paying out 40 percent of earnings each year. this year they expect the dividend payment

Office products follows the constant payout ratio dividend policy by paying out 40 percent of earnings each year. this year they expect the dividend payment to be 7 percent higher than last year's payment, which was 130,000. A. what is the amount of net income that Office expects to generate this year B. if its target capitol structure calls fo 50 percent common equity, what will be the total funds the company can invest in capitol budgeting projects this year before new common stock must be issued to raise new funds?

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