Question
Question 32 (1.5 points) For the next three (3) years, the chief financial officer of a company has established the forecasts indicated in the table
Question 32 (1.5 points)
For the next three (3) years, the chief financial officer of a company has established the forecasts indicated in the table below concerning the investment budget and the annual profits of his company. 45% of the company's capital structure is debt and the rest is equity. There are currently 215,000 shares outstanding.
Year
| Budget investments
| Benefits
|
XX + 1 | $ 270,000 | $ 280,000 |
XX + 2 | $ 400,000 | $ 260,000 |
XX + 3 | $ 350,000 | $ 300,000 |
If the company applies a residual dividend policy annually, what will be the total amount paid in dividends in year XX + 3?
Options for question 32:
$ 150,000
$ 0.50
$ 142,500
$ 0.66
$ 107,500
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