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Business, 06.07.2019 00:20 jordonlewis

Sanchez company has planned capital expenditures that total $2,000,000. the company wants to maintain a target capital structure that is 35% debt and 65% equity. the company forecasts that its net income this year will be $1,800,000. if the company follows a residual dividend policy, what will be its total dividend payment? a.$500,000 b.$300,000 c.$200,000 d.$400,000 e.$100,000

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