La moving company has the following data dollars in


LA Moving Company has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be?

Capital budget $6,700

% Debt 45%

Net income (NI) $7,250

a. 44.26%

b. 46.71%

c. 36.88%

d. 60.97%

e. 49.17%

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Financial Management: La moving company has the following data dollars in
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