Question: Chicago Brewing has the following data, dollars in thousands. Using the residual dividend model, what will its dividend payout ratio be? Capital budget $5,000 Target

Chicago Brewing has the following data, dollars in thousands. Using the residual dividend model, what will its dividend payout ratio be? Capital budget $5,000 Target capital structure % Debt Financing: 45% % Equity Financing: 55% Net income (NI) $5,300

A. 50.52%
B. 55.57%
C. 48.11%

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