Projected Payout Ratio Assignment
Parts Manufacturing Company (CMC) has 1 million shares of inventory excellent. CMC has a goal capital construction with 60% fairness and 40% debt. The corporate initiatives internet earnings of $5 million and funding initiatives requiring $6 million within the upcoming yr. a. CMC makes use of the residual distribution mannequin and pays all distributions within the type of dividends. What's the projected DPS? b. What's the projected payout ratio? Get Finance homework help in the present day