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12-12-2022
Business

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david rose inc. forecasts a capital budget of $500,000 next year with forecasted net income of $475,000. the company wants to maintain a target capital structure of 30% debt and 70% equity. if the company follows the residual dividend policy, how much in dividends, if any, will it pay? select the correct answer. a. $125,198 b. $125,396 c. $125,000 d. $125,297 e. $125,099

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