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 160.000 70,000 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 $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 D 1 B Without Bond Issue I Bonds are Issued 2 ROAN 3 ROE 4 Debt Ratio 5 D/E 6 7 Dividends 8 9 10