Technology has a capital budget of 850000 it wants to, Financial Management

+44 141 628 6080
[email protected]

Technology has a capital budget of 850000 it wants to

Technology has a capital budget of $850,000, it wants to maintain a target capital structure of 35% debt and 65% equity, and it also wants to pay a dividend of $400,000. If the company follows a residual dividend policy, how much net income must it earn to meet its capital budgeting requirements and pay the dividend, all while keeping its capital structure in balance?

a. $904,875

b. $1,050,131

c. $952,500

d. $1,000,125

e. $1,102,638

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Technology has a capital budget of 850000 it wants to

Reference No:- TGS01260064

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What is the current ratio for kramer industries

Kramer Industries has cash of $39,000; net Accounts Receivable of $45,000; short-term investments of $12,000 and inventory of $31,000.

Describe their preferred influence strategies

Based on the documentary watched in class, how would you describe their preferred influence strategies?

What are required to determine annual depreciable amount

Question: Which of the following are required to determine the annual depreciable amount for an investment property?

Vendors statement of adjustments as debits

Which of the following items would appear on the vendor's statement of adjustments as debits?

Spending variance for direct materials in august would be

The spending variance for direct materials in August would be closest to: Group of answer choices $524 F $20 F $20 U $524 U

What did the bipartisan campaign reform act

What did the Bipartisan Campaign Reform Act of 2002 do? a. prohibited special interest groups from making

Brand equity can be measured in a number of ways

Brand equity can be measured in a number of ways, but the 3 most common methods are which of the following? Select all that apply.

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Technology has a capital budget of 850000 it wants to

Reference No:- TGS01260064

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : In less than two weeks an accounting system users

Q : Explain what holding companies are then identify with

Q : The optimal capital structure simultaneously maximizes

Q : The average age for employees at an amusement park is 24

Q : Technology has a capital budget of 850000 it wants to

Q : In what way does a minimum risk-based capital ratio

Q : Write a java class called testcomparisonsjava which takes

Q : Based on the corporate valuation model hunsaderrsquos value

Q : Describe the first four stages of critical thinking