Question
TSUNO Limited finances new investment by 20 percent debt and 80 percent equity. The firm needs $1,000,000 for financing new investments. If total earnings available
TSUNO Limited finances new investment by 20 percent debt and 80 percent equity. The firm needs $1,000,000 for financing new investments. If total earnings available equal $2,000,000, what is the dividend payout ratio assuming all remaining earnings are paid as dividends? A) 47.45% B) 60.00% C) 75.25% D) None of the above
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
4th International Edition
0132912813, 9780132912815
