For the next fiscal year, you forecast net income of $50,000 and ending assests of $500,000. your firm's payout ratio is 10%. your beginning stockholders equity is $300,000 and your beginning total liabilities are $120,000. your non-debt liabilites such as accounts payable are forecasted to increase by $10,000.

what is you net new financing needed for next year? here is your hint for the week: ( from professor)additions to equity = net income x retention ratio= 50,000 x (1-.10) = 45,000show all work

Need true or false 1 2 3 4 5 6 7 8

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted