Entering the last fiscal year, a firm had the following balance sheet figures: # 10 unanswered Balance Sheet Information: 2017 not_submitted $400,000.00 Total Liabilities Attempts Remaining: Infinity Shareholder Equity $600,000.00 The firm projects net income of $100,000.00 in 2018. The firm will pay out 40.00% as a dividend, and then re-invest the remainder in retained earnings. If the firm wants to maintain the same debt-to-equity ratio for 2018, how much will total liabilities have to increase? Submit Answer format: Currency: Round to: 2 decimal places. Dempsey Midfield Incorporated has a just taken out a new loan with Small Town Bank. The loan #11 is for a principal of $100,000.00 with a 7-year term. Small Town Bank has placed a covenant in unanswered the loan that requires Dempsey to maintain a current ratio of 1.50 or higher at all times. With the loan factored in, Dempsey will have current liabilities of $500,000.00. What current asset level not_submitted Attempts Remaining: Infinity will be required to satisfy the loan covenants? Submit Answer format: Currency: Round to: 2 decimal places