The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes):

Assets and costs are proportional to sales; debt and equity are not. No dividends are paid. Next year?s sales are projected to be $9,462. What is the external financing needed?

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Income Balance Sheet Statement Sales $8,300 Assets $19,100 Debt $8,400 Equity Costs Net income 6,490 2$ Total 10,700 Total $19,100 1,810 $19,100