Question: can someons help me with this practice problem i dont understand it For the next fiscal year you forecast net income of $51 800 and

can someons help me with this practice problem i dont understand it
can someons help me with this practice problem i dont understand it

For the next fiscal year you forecast net income of $51 800 and ending assets of $500,600 Your firm's payout ratio is 102% Your beginning stockholders' equity is $297,900 and your beginning total liabilities are $120 500 Your non debt liabilities such as accounts payable are forecasted to increase by $10,000 What is your net new financing needed for next year? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The not financing requred will be SE (Round to the nearest dollar

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