Company xyz practices a strict residual dividend policy and, Financial Management

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Company xyz practices a strict residual dividend policy and

Company XYZ practices a strict residual dividend policy and maintains a capital structure with a debt-equity ratio of 1.5. Earnings after taxes this year were NOK 8 million. XYZ plans to make capital investments next year of NOK 12 million. How much dividend will XYZ pay? Show your working

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Financial Management: Company xyz practices a strict residual dividend policy and

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