Question
Unit Sales = 6000 Price per unit = $ 115 Variable cost per unit = $ 61 Total fixed cost = $ 162,000 Tax =
Unit Sales = 6000 Price per unit = $ 115 Variable cost per unit = $ 61 Total fixed cost = $ 162,000 Tax = 22%
Question
At the end of the period, the company decides to make business reinvestments for new ventures with the total capital required is $ 90,000, if the target equity ratio is 70%. What is the dividend and payout ratio?
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
