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Medtronic firm has $64,000,000 in equity and $55,000,000 in debt and forecast $30,000,000 in net income for the year. It

Posted: Sun Apr 17, 2022 6:17 pm
by answerhappygod
Medtronic firm has
$64,000,000 in equity and $55,000,000 in debt and forecast
$30,000,000 in net income for the year. It currently pays dividends
equal to 25% of its net income.
NOTE: Answer in percentage. If your answer is 0.0405, then
answer 4.05.