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Author Question: Sweetums Inc., a confectioner best known for its mint ogre balls, uses the residual dividend model ... (Read 62 times)

ts19998

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Sweetums Inc., a confectioner best known for its mint ogre balls, uses the residual dividend model to set its dividends. Selected financial information for Sweetums Inc. is provided in the table below. Given the investment plan summarized in the table, how much new debt will it have to take on in order to maintain its target capital structure?

Selected Financial Information
Sweetums Inc.
Net income$90 million
Equity capital structure weight0.60
Investments$100 million
Dividends $0.30 per share

◦ $30 million
◦ $40 million
◦ $60 million
◦ $90 million
◦ $100 million


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Marked as best answer by ts19998 on Apr 25, 2021

abctaiwan

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ts19998

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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