+1 4853618276 support@regentessays.com

Worthington Corporation has declared an annual dividend of $.90 per share. For the year just ended, earnings were $6.50 per share.,,a).What is Worthington’s payout ratio?,b) Suppose Worthington has 6.3 million shares outstanding. Borrowing for the coming year is planned at $16 million. What are the planned investment outlays assuming a residual dividend policy? What target capital structure is implicit in these calculations?

Order Your Custom Essay
Order Your Custom Essay