Calculate the amounts of debt and equity financing that would be needed in Problem 2...
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Finance
Calculate the amounts of debt and equity financing that would be needed in Problem 2 to keep the capital structure constant. Execute: Beginning debt: 100,000.00 Beginning equity: 300,000.00 Beginning non debt liabilities: 20,000.00 Debt/Equity ratio: 0.33 New assets: 500,000.00 New non debt liabilities: 30,000.00 New debt equity: 470,000.00 Amount of equity needed to maintain ratio: 352,500 Amount of debt needed to maintain ratio: 117,500 Amount of debt to issue (117,500 100,000): 17,500 Amount of equity to issue (352,500 345,000): 7,500 How do they get these anwsers.
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