Question: Moving to another question will save this response. Question 4 of 5 > >> Question 4 20 points Save Answer As a financial manager for
Moving to another question will save this response. Question 4 of 5 > >> Question 4 20 points Save Answer As a financial manager for Silicon Electronics, Inc, you are analyzing the company's dividend policy. You have the following information: 1) The company follows a residual dividend policy: ii) The company has a Capital budget $800,000 ill) The company's Target capital structure Debt 40% Equity= 60% iv) Forecasted net income $1,000,000 a. What will be the amount funded with equity for the project? (sample answer: $250,000) b. Compute the amount of the dividend. (sample answer: $250,000) c. Compute the dividend pay-out ratio. (sample answer: 12.5%)
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