Axel telecommunications has a target capital structure that, Ask an Expert

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Axel telecommunications has a target capital structure that consists of 70% debt and 30% equity. The company anticipates that its capital budget for the upcoming year will be $3million. If axel reports net income of $2 million and follows a residual distribution model with all distributions as dividends, what will be its dividend pay-out ratio?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9608648

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