Assume I had IWT that completed IPO 112.5 million and a capital budget for the next year contain 80 .% equity and I owe 20 % debt and has income of 140 million what is total dollar distribution use residual distribution to determine IWT and assume the distribution is in is in a form of dividend and IWT has 100 million shares of stock what is the forecast pay out ratio?, what is dividend per share? What would happen to pay out ratio and DPS if the net income were decrease to 90 million and increase to 160 million.