Answer:
Rohter Galeano Inc.'s total dividend payment is $950,000
Explanation:
Capital Budget = $3,000,000
To be financed from Debt at 15% = $3,000,000 × 15% = $450,000
To be financed from Equity at 85% = $3,000,000 × 85% = $2,550,000
Net income forecast = $3,500,000.00
Capital Budget from Equity = $2,550,000.00
Dividend Payment = $3,500,000 - $2,550,000 = $950,000