Question: these two are correct just need the 3rd answer. Kayak LLC, has created Pro-Forma statements for next year and they project a Net Income of
Kayak LLC, has created Pro-Forma statements for next year and they project a Net Income of $356,000. The firm generally pays 10% of Net Income to their shareholders in a form of dividends and used that estimate in their Pro-Forma statements. What if the firm decides to pay out 30% of their Net Income as dividends instead of 10% ? Identify all statements that are true for Kayak LLC. below. Kayaks Owners Equity on the Balance Sheet wall be lower dividends are a use of funds for Kayak dividends are a source of funds for Kayak all else equal, Kayak's financing cash flows on the Statement of Cash flows wal be more positive Kayaks internat fonancing (retained eamings) wall be kower
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