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For the next fiscal year you forecast het Income of 548,700 and ending assets of $505,400 Your firm's payout ratio is 10 28 Your beginning

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For the next fiscal year you forecast het Income of 548,700 and ending assets of $505,400 Your firm's payout ratio is 10 28 Your beginning stockholders' equity is 5295 800 and your beginning total liabilities are $122. 100. Your non debt liabilities such as accounts payable are forecasted to increase by $10 100 Assume your beginning debt is $102.100 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? HOTED The amount of debt to issue will be $ 19817 (Round to the nearest dollar) The amount of equity to issue will be $ II Round to the nearest dollar

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