The capital budget of creative ventures inc is 1000000 the, Ask an Expert

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The capital budget of Creative Ventures Inc. Is 1,000,000. The company wants to maintain a target capital stature that is 30% debt and 70% equity. The company forecasts that its net income this year will be $800,000. If the company follows a residual dividend policy, what will be its total dividend payment?

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Financial Management, Finance

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