If axel reports net income of 2000000 and it follows a, Ask an Expert

Management Studies

Q. Axel Telecommunications has a target capital structure that consists of 75% of Debt and 25% of equity. The industry anticipates that its capital budget for the upcoming year will be $ 4,000,000. If Axel reports Net Income of $ 2,000,000 and it follows a residual dividends payout policy, illustrate what will be its dividends payout ratio?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9391175

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