Your non-debt liabilities such as accounts payable are, Financial Management

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Your non-debt liabilities such as accounts payable are

For the next fiscal year, you forecast net income of $49200 and ending assets of $508800. Your firm's payout ratio is 10.4 %. Your beginning stockholders' equity is $299300 and your beginning total liabilities are $120600. Your non-debt liabilities such as accounts payable are forecasted to increase by $10100. What is your net new financing needed for next year?

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Financial Management: Your non-debt liabilities such as accounts payable are

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