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Variery Veggies Inc. has planned investments of $1,800,000 for next year and an after-tax net income of $1,000,000 this year. The company has a residual

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Variery Veggies Inc. has planned investments of $1,800,000 for next year and an after-tax net income of $1,000,000 this year. The company has a residual dividend policy and maintains a debt-equity ratio of 0.5. Approximately how much new equity (common shares) will be required to fund the investments for next year? $200,000 $1,200,000 $0 $900,000 $600,000

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