Selected financial information for Gritty Kitty is provided in the table below Gritty Kitty Cat Litter Inc uses the residual dividend model to set its dividends What is Gritty Kitty's capital structure weight for equity Round your answer to one decimal place Selected Financial Information Gritty Kitty Cat Litter Inc Net Income $34 million Investments $31 73333 million Dividend per Share $0 31 Shares Outstanding 48 26 million

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Question: Selected financial information for Gritty Kitty is provided in the table below. Gritty Kitty Cat Litter Inc. uses the residual dividend model to set its

Selected financial information for Gritty Kitty is provided in the table below. Gritty Kitty Cat Litter Inc. uses the residual dividend model to set its dividends. What is Gritty Kitty's capital structure weight for equity?

Selected financial information for Gritty Kitty is provided in the table below.

Round your answer to one decimal place.

Selected Financial Information Gritty Kitty Cat Litter Inc. Net Income $34 million Investments $31.73333 million Dividend per Share $0.31 Shares Outstanding 48.26 million

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