Chicago brewing hs the following data dollars in thousands


Chicago Brewing hs the following data, dollars in thousands. If it follows the residual dividend model, what will its dvidend payout ratio be?

Capital budget             $5,800

% Debt                             40%

Net income (NI)              $8,000

a. 56.50%

b. 68.93%

c. 55.37%

d. 46.90%

e. 44.07%

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Financial Management: Chicago brewing hs the following data dollars in thousands
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