ANS: Equity portion of Future Projects will be first financed through earnings and earning left will be given as dividend. equity portion of future capital budget = 50,00,000 *30% = 15,00,000. earnings left for dividend = 45,00,000 - 15,00,000 = 30,00,000. dividend % = 30,00,000 / 45,00,000 = 66.66%
