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For the next fiscal year, you forecast net income of or the next fiscal year, you forecast net income of $ 49400 and ending assets

For the next fiscal year, you forecast net income of or the next fiscal year, you forecast net income of $ 49400 and ending assets of $ 505600 Your firm's payout ratio is 9.6 %.Your beginning stockholders' equity is $ 299 comma 900and your beginning total liabilities are $119900Your non-debt liabilities such as accounts payable are forecasted to increase by $10300 Assume your beginning debt is $ 101900 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?

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