Business, 23.01.2020 06:31 lashondrascott

Torrence inc. has the following data. if it uses the residual dividend model, how much total dividends, if any, will it pay out?

capital budget $1,025,000

% debt 60%

net income (ni) $665,000

a. $211,650

b. $234,600

c. $193,800

d. $255,000

e. $316,200

Answers: 3

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Torrence inc. has the following data. if it uses the residual dividend model, how much total dividen...