Chicago Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be? Capital budget$5,800 % Debt40% Net income (NI)$8,000 ?
A. 68.93%
B. 56.50%
C. 55.37%
D. 44.07%
E. 46.90%
Answer: B
Business
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