Question
The capital budget of Creative Ventures Inc. Is 1,000,000. The company wants to maintain a target capital strturce that is 30% debt and 70% equity.
The capital budget of Creative Ventures Inc. Is 1,000,000. The company wants to maintain a target capital strturce that is 30% debt and 70% equity. The company forecasts that its net income this year will be $800,000. If the company follows a residual divident policy, what will be its total divident payment?
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Lending Investments And The Financial Crisis
Authors: Elena Beccalli, Federica Poli
1st Edition
1349564982, 978-1349564989
