BuyBack Inc. has a debt-equity ratio of 0.75. The earnings for next year are estimated at $225,000.00 whilst capital spending for next year is estimated at $180,000.00. If the company follows a residual dividend policy, what is the estimated dividend payout ratio? a) 54.29% b)64.10% C)118.75% d) .00% e)44.51%

Answer rating: 100% (QA)

Answer Correct The answer is e 4451 Explanation A residual dividend policy means the company pays di... View the full answer