The capital budget of creative ventures inc is 1000000 the


The capital budget of Creative Ventures Inc. is $1,000,000. The company wants to maintain a target capital structure that is 30% debt and 70% equity. The company forecasts that its net income this year will be $800,000. If the company follows a residual dividend policy, what will be its total dividend payment?

  • $100,000
  • $200,000
  • $300,000
  • $400,000
  • $500,000

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Business Management: The capital budget of creative ventures inc is 1000000 the
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