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The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net

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The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net fixed assets (i.e., assets net of depreciation) by $200,000 per year for the next 5 years, and it forecasts that the ratio of revenues to total assets will remain at 1.50 . Annual depreciation is 10% of net fixed assets at the beginning of the year. Fixed costs are expected to remain at $76,000 and variable costs at 80% of revenue. The company's policy is to pay out twothirds of net income as dividends and to maintain a book debt ratio of 20% of total capital. Complete this question by entering your answers in the tabs below. Assume that the balancing item is debt and that no equity is to be issued, what is the projected debt ratio for 2025? Note: Do not round your intermediate calculations. Round your answer to 3 decimal places. The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net fixed assets (i.e., assets net of depreciation) by $200,000 per year for the next 5 years, and it forecasts that the ratio of revenues to total assets will remain at 1.50 . Annual depreciation is 10% of net fixed assets at the beginning of the year. Fixed costs are expected to remain at $76,000 and variable costs at 80% of revenue. The company's policy is to pay out twothirds of net income as dividends and to maintain a book debt ratio of 20% of total capital. Complete this question by entering your answers in the tabs below. Assume that the balancing item is debt and that no equity is to be issued, what is the projected debt ratio for 2025? Note: Do not round your intermediate calculations. Round your answer to 3 decimal places

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