37 Clark Farms Inc. has the following data, and it follows...
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Clark Farms Inc. has the following data, and it follows the residual dividend model. Currently, it finances with 20% debt. Some Clark family members would like for the dividends to be increased. If Clark increased its debt ratio, which the firm's treasurer thinks is feasible, by how much could the dividend be increased, holding other things constant? O $4,500,000 55,200,000 20% 619 b Capital budget Net Income (NI) O % Debt now % Debt after change O a $3.355.000 Ob 52.132.000 .O 51.600,000 O O 0.51,845,000 0.53.445.000
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