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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 rato is 100 of . Your

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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 rato is 100 of . Your begunning stockhoiders' equity is debt is $100,000. What amount of equity and what amount of debt would you need to issue to cover the net new francing norder to kene your dubt equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporanly allows 100% bonas depreciation (effectively expensing copital empendifures) Hownwor, we will stif include deprecifion forecasting in this chapter and in these problems in anticipation of the relum of standard depreciation practices during your career. The amotint of equity to issue will be-1 (Round to the nearest dollar)

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