$20\mathrm{.}00$

P Flag question

For the next fiscal year, you forecast net profit of $$54,600$ and ending assets of $$500,000.$ Your firm's payout ratio is $10\mathrm{.}0$

$\%.$ Your beginning shareholders' equity is $$300.000$ and your beginning total liabilities are $$120,000.$ Your non$-$debt liabilities such as accounts payable are forecasted to increase by $$10,000$

Anthony Scibe

$3$

Finish attemp

$1)$ What is the shareholders' equity at the end of next year? $

$($Give answer to the nearest dollar$)$

$2)$ What are total liabilities at the end of next year excluding any external financing requirements? $

$($Give answer to the nearest dollar$)$

$3)$ What is your net new financing needed for next year? S

$($Give answer to the nearest dollar$)$