Chicago brewing hs the following data dollars in thousands
Chicago Brewing hs the following data, dollars in thousands. If it follows the residual dividend model, what will its dvidend payout ratio be?
Capital budget $5,800
% Debt 40%
Net income (NI) $8,000
a. 56.50%
b. 68.93%
c. 55.37%
d. 46.90%
e. 44.07%
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