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The most recent (2019) financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate (20%) and the dividend payout rate (90%) also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. Suppose the firm wishes to keep its debt-equity ratio constant. How much new equity should be raised for 2020 (round to the closest whole number)? Your Answer: The most recent (2019) financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate (20%) and the dividend payout rate (90%) also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. Suppose the firm wishes to keep its debt-equity ratio constant. How much new equity should be raised for 2020 (round to the closest whole number)? Your