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Problem 18-2 3 Question Help For the next fiscal year, you forecast net income of $51,500 and ending assets of $501,800 Your firm's payout ratio
Problem 18-2 3 Question Help For the next fiscal year, you forecast net income of $51,500 and ending assets of $501,800 Your firm's payout ratio is 9.5%. Your beginning stockholders' equity is $299,000, and your beginning total liabilities are $120,600. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10.400. 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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