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Residual dividend model 6. Asheville Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout

Residual dividend model

6. Asheville Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be?

Capital budget $6,000%

Debt 55%

Net income (NI) $7,500

a. 36.00%

b. 45.00%

c. 52.00%

d. 60.00%

e. 64.00%

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