Ehrhorn industries has a capital budget of 2 500000 but it, Ask an Expert

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Ehrhorn Industries has a capital budget of $2, 500,000, but it wants to maintain a target capital structure of 40% debt and 60% equity. The company expects to pay a dividend of $500,000. If the company follows a residual dividend policy, what is its forecasted dividend payout ratio?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424934

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