A company has a target capital structure that consists of 70 percent debt and 30 percent equity. The company anicipates that it's capital budget for…
BBS Fundamentals of Financial Management · 2077 · Solved Question with Answer
A company has a target capital structure that consists of 70 percent debt and 30 percent equity. The company anicipates that it's capital budget for upcoming year will be Rs. 8,000,000. If the company has net income of Rs. 5,000,000 and it follows residual dividend payout policy, what will be it's dividend payout ratio?