What is the amount of the total dividends that will be paid


A company has after-tax earnings of $39,400 for the year. The firm adheres to a residual dividend policy with a debt-equity ratio of 0.7. The firm needs $56,300 for new investments. What is the amount of the total dividends that will be paid?

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Finance Basics: What is the amount of the total dividends that will be paid
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