Bulldogs Inc. has forecasted that its net income will be P520,000. The company has an debt-to-...
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Bulldogs Inc. has forecasted that its net income will be P520,000. The company has an debt-to- equity ratio of 25%. The dividend policy of the firm follows the residual dividend model. Bulldogs Inc. has a project that needs funding amounting to P600,000. The number of issued and outstanding shares of Bulldogs Inc. is 5,000. How much of the project must be funded by equity? * Bulldogs Inc. has forecasted that its net income will be P520,000. The company has an debt-to- equity ratio of 25%. The dividend policy of the firm follows the residual dividend model. Bulldogs Inc. has a project that needs funding amounting to P600,000. The number of issued and outstanding shares of Bulldogs Inc. is 5,000. How much of the project must be funded by equity? *
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Answer rating: 100% (QA)
The debttoequity ratio of Bulldogs Inc is 25 which means that the companys total debt is 25 of its t... View the full answer
Related Book For
Financial Reporting And Analysis
ISBN: 9781260247848
8th Edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
Posted Date:
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