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Question 3 1 pts Daisy Milk Corp. follows a residual dividend policy. Its debt-equity ratio is .6. If earnings for the year are $125,000, what
Question 3 1 pts Daisy Milk Corp. follows a residual dividend policy. Its debt-equity ratio is .6. If earnings for the year are $125,000, what is the maximum amount of capital spending possible without having to issue new equity? A. $200,000 B. $0 C. $78,125 D. $333,333
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