Your company's summarized financial information for the beginning and projected end of the current year is as follows: End of the Year (projected) Beginning of the Year $90,000 Assets Liabilities Equity Net Income 30,000 60,000 $100,000 30,000 70,000 15,000 Your company is considering issuing 30 bonds at the end of the year (December 31st). The bonds will pay 8% interest semi-annually for 10 years and the market rate for similar bonds is 5%. Therefore, the total bond proceeds are $37,015.12. Calculate the following ratios with and without the bond issue. Review question: how much did the company pay in dividends this year (if any)? The company did not issue or repurchase any stock during the year. 1 ROA= 234567899 10 ROE= A B C D E Without Bond Issue If Bonds are Issued Debt Ratio= D/E= Dividends=