Find the amount for the residual dividend

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Reference no: EM132028467

Timco needs to invest 400 in new assets. 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.?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132028467

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