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  3. 39.) plato inc. expects to have net income of $10,

39.) Plato Inc. expects to have net income of $10,000,000 during the next year. Plato's...

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Finance

39.) Plato Inc. expects to have net income of $10,000,000 during the next year. Plato's target capital structure is 20% debt and 80% equity. The company's director of capital budgeting has determined that the optimal capital budget for the coming year is $8,000,000. If Plato follows a residual distribution policy (with all distributions in the form of dividends) to determine the coming years dividend, then what is Plato's expected dividend payments?

$10,000,000

$8,000,000

$3,600,000

$6,400,000

40.)

Using the data from Question 39, find Platos dividend payout ratio

36%

64%

80%

30%

41.)

Using the data from Question 39, find Platos dividend payout ratio

36%

64%

80%

30%

42.)

Based on the information from Question 41, what is the average level of the companys costly trade credit?

$10,000

$20,000

$30,000

$365,000

43.)

Based on the information from Question 41 and 42, what is the average level of the companys total trade credit?

$10,000

$20,000

$30,000

$365,000

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