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SL computer expects to have net income of $5,000,000 during the next year. the company's target capital structure is 35% debt and 65% equity. the
SL computer expects to have net income of $5,000,000 during the next year. the company's target capital structure is 35% debt and 65% equity. the company's director of capital budgeting has determined that the optimal capital budget for the companyyear is $6,000,000. if SL computer follows a residual distribution policy (with all distribution in the form of dividends) to determine the coming year's dividend, then what is the firm's exepected dividend payment.
a) $1,100,000
b) $3,900,000
c) $5,000,000
d) $6,000,000
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