What is the expected payout ratio

Reference no: EM131945734

Question: Bike Inc.'s expected net income for next year is $1 million. The company's target and current capital structure is 40% debt and 60% common equity. The optimal capital budget for next year is $1.2 million. If Bike uses the residual distribution model to determine next year's distribution and makes all distributions in the form of dividends, what is the expected payout ratio?

Reference no: EM131945734

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Ester with a molecular mass of approximately : You have determined that your sample is an ester with a molecular mass of approximately 104 g/mol. How many C and O atoms should be in its formula?

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