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For the next fiscal year, you forecast net income of $50.000 and ending assets of $500.000. Your firm's payout ratio is 10.0%. Your beginning stockholders'

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For the next fiscal year, you forecast net income of $50.000 and ending assets of $500.000. Your firm's payout ratio is 10.0%. Your beginning stockholders' equity is $300,000 and your beginning total liabilities are $120,000. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,000. Assume you beginning debt is $100,000. What amount of equity and what amount of debt would you need to issue to cover the net new francing in order to keep your debt-equity ratio constant? The amount of equity to issue will be $(Round to the nearest dollar) The amount of debt to issue will be (Round to the nearest dollar)

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