Question: 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
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 | $5,000 |
| % Debt | 45% |
| Net income (NI) | $5,300 |
| 61.13% |
| 67.24% |
| 48.11% |
| 55.57% |
| 50.52% |
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