projected capital budget of Kandell Corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and its forecasted net income is $550,000 If the company follows a residual dividend policy, what total dividends, if any, will it pay out?

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The Answer of projected capital budget of Kandell Corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and its forecasted net income is $550,000 If the company follows a residual dividend policy, what total dividends, if any, will it pay out?

Projected Capital Budget of Kandell Corporation Is $1,000,000, Its Target