Question: can you help me with 9 and 10 please? generated net income equai t follows the constant payout ratio dividend policy, how much should be

 can you help me with 9 and 10 please? generated net

can you help me with 9 and 10 please?

generated net income equai t follows the constant payout ratio dividend policy, how much should be paid in dividends this year? 13-9 Last year, Headline News Corporation paid $600,000 in dividends and retained $360,000 of the earn- ings it generated. The company follows a constant payout ratio dividend policy. If Headline generates $1.25 millon in income this year, how much will be paid in dividends? 13-10 Rapid Auto Transport (RAT) follows a constant payout ratio dividend policy, which requires the company to pay out 30 percent of income as dividends each year. If it wants to pay $840,000 in dividends next year, how much must RAT earn

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!