Find the amount for the residual dividend

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Timco needs to invest 400 in new assests. They use a capital structure that is 30% debt and 70% equity. Next years net income is expected to be 600. Find the amount for the residual dividend.

Reference no: EM131179352

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Find the amount for the residual dividend : Timco needs to invest 400 in new assests. They use a capital structure that is 30% debt and 70% equity. Next years net income is expected to be 600. Find the amount for the residual dividend.
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