Your company's summarized financial information for the beginning and projected end of the current year is as follows Beginning of the Year End of the Year (projected) Assets $90,000 $100,000 Liabilities 30,000 30,000 Equity 60.000 170.000 Net Income 115,000 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 $3701512 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 A D E 1 Without Bond Issue If Bonds are issued 2 3 ROA ROE= Debt Ratio DE 4 5 6 7 Dividends- 8 9 10