Finance/Business

Khole

New member
Joined
Aug 26, 2010
Messages
12
Fletcher Corp. has a capital budget of $1,000,000, but it wants to maintain a target capital structure of 60% debt and 40% equity. The company forecasts this year’s net income to be $600,000. If the company follows a residual dividend policy, what will be its dividend paid?
 
What do you mean by read before posting. That is my problem that I have to solve and I did read it before I posted it. I just need someone to help me solve it.
 
I just need to know how to set up the problem and I could solve them.
 
Can you not see it at top?!

Here; I've copy-pasted it for you:

Welcome to FreeMathHelp.com!

Please take the time to read the following before you make your first post. It will help you to get your math questions answered promptly and in the most helpful manner.

Don't post a list of homework problems. Please show us any work you have done towards answering the problem, and try to explain what specifically is giving you trouble. Also, please try to limit the number of questions you ask to a reasonable number per day. There's no exact limit, but try to be polite and not abuse the service.

Try to use halfway-decent English. No, this isn't Englishhelp.com, but you'll get more help if you spell correctly. Actually, I don't care if you spell a few words wrong, but the IM speak will probably cause some people to skip over "ur" question. If we can't read it, we can't help you

Be nice. Everyone here is a volunteer, so treat them with respect and we will (probably) be nice in return. If we aren't... then it's probably just been a long day. If you have any conflicts, please contact me personally rather than starting a flamewar on the forum.

Don't spam. Okay, so the spammers aren't going to read this anyway, but it's probably good to have it in writing.

Post to an appropriate category. Questions about derivatives (calculus) do not belong in "Beginning Algebra". Questions about finding the area of a circle (geometry) do not belong in "Other Math". Please show appropriate care and consideration.

Preview or edit your posts for clarity. When composing your message, you may include formatting that doesn't "take" when the message is finally posted. For instance, the forum script strips away spaces at the beginnings of lines. Kindly "edit" your post to correct errors if they occur, and "preview" your posts to minimize errors. (For formatting advice, try Karl's Notes or "Formatting Math as Text".)

Post the complete text of the exercise. This would include the full statement of the exercise and its instructions, so the tutors will know what you are working on. If there is a graphic or table or some other non-textual information necessary to the exercise, include a detailed description.

Show all of your work. If you've shown no work at all, the tutors may assume that you're needing help getting started, and may suggest only how to do the first step. Even if you're asking only about the very end of the solution process, still include all of your intermediate steps. Errors may have occurred earlier than you'd realized; correcting part (b) may clear up your confusion on part (d).

Have patience. There is no paid staff waiting on-hand to give instant replies. Many of the volunteer tutors have "real" jobs, and they all have to sleep from time to time. The people "viewing" your posts may be fellow students. Please don't be offended if there are "views" but no replies. It may take hours, even days, for a tutor, qualified in your topic's area, to respond.

Well that's all I can come up with right now. I know there must be other useful things to have in this post, so go ahead and reply or PM me if you would like to add something.

Thanks for visiting, and please come back!

Ted
 
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