What amount of debt need to issue to cover the net

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Problem 1: For the next fiscal? year, you forecast a net income of ?$49,300 and ending assets of ?$505,700. Your? firm's payout ratio is 10.4?%. Your beginning? stockholders' equity is ?$298,200?, and your beginning total liabilities are ?$124,500. Your? non-debt liabilities such as accounts payable are forecasted to increase by ?$10,300. Assume your beginning debt is ?$104,500. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your? debt-equity ratio? constant?

Reference no: EM133000109

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