David rose inc forecasts a capital budget of 300000 next


David Rose Inc. forecasts a capital budget of $300,000 next year with forecasted net income of $250,000. 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?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: David rose inc forecasts a capital budget of 300000 next
Reference No:- TGS01256100

Expected delivery within 24 Hours