LA Moving Company Has the Following Data, Dollars in Thousands

question 6

Multiple Choice

LA Moving Company has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be?
Capital budget
$5,000
% Debt
45%
Net income (NI)
$7,000

• A) 60.71%
• B) 63.75%
• C) 70.13%
• D) 77.14%
• E) 84.85%

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Definitions:

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The magnitude or strength of a phenomenon, such as sound, light, or physical force, often described in terms of levels or degrees.

Pain

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Acute Pain

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A chronic disorder characterized by widespread musculoskeletal pain, fatigue, and tenderness in localized areas.