10 $9,300 6,550 3 points The most recent financial statements for Assouad, Incorporated, are shown here:...

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10 $9,300 6,550 3 points The most recent financial statements for Assouad, Incorporated, are shown here: Income Statement Sales Costs Balance Sheet Current assets $4,050 Current liabilities $2,625 Fixed assets 9,300 Long-term debt 4,190 04:02:10 Taxable income $2,750 Equity 6,535 $ Taxes (22%) 605 Total Total 13,350 13,350 eBook Net income $ 2,145 Hint Print Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 44 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 17 percent. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References External financing needed 10 $9,300 6,550 3 points The most recent financial statements for Assouad, Incorporated, are shown here: Income Statement Sales Costs Balance Sheet Current assets $4,050 Current liabilities $2,625 Fixed assets 9,300 Long-term debt 4,190 04:02:10 Taxable income $2,750 Equity 6,535 $ Taxes (22%) 605 Total Total 13,350 13,350 eBook Net income $ 2,145 Hint Print Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 44 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 17 percent. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References External financing needed