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For the next fiscal year, you forecast net income of $45.000 and ending assets of $502,400. Your m's payout ratio is 9.5% Your beginning
For the next fiscal year, you forecast net income of $45.000 and ending assets of $502,400. Your m's payout ratio is 9.5% Your beginning stooinsiders equity is $290,700 and your beginning total abeta 3120300 Your man debt abs cha accounts payable, are forecasted to increase by $10,000. What will be your net new financing needed for next year? The net financing required will be (Round to the nearest dollar)
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