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help plz For the next fiscal year, you forecast net income of $48,300 and...

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Finance

imagehelp plz

For the next fiscal year, you forecast net income of $48,300 and ending assets of $506,600. Your firm's payout ratio is 10.5%. Your beginning stockholders' equity is $298,000, and your beginning total liabilities are $128,000. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,400. Assume your beginning debt is $108,000. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debt-equity ratio constant? The amount of debt to issue will be $(Round to the nearest dollar.)

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