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For the next fiscal year, you forecast net income of $50,500 and ending assets of $506,800. Your firm's payout ratio is 10.1%. Yo beginning
For the next fiscal year, you forecast net income of $50,500 and ending assets of $506,800. Your firm's payout ratio is 10.1%. Yo beginning stockholders' equity is $298,200, and your beginning total liabilities are $119,400. Your non-debt liabilities, such as 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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