Question: Below are the most recent financial statements for CrazyEddie Electronics, (assuming no income taxes): Assets Income Statement Sales $4,300 Costs 3,400 Net $900 income Balance
Below are the most recent financial statements for CrazyEddie Electronics, (assuming no income taxes): Assets Income Statement Sales $4,300 Costs 3,400 Net $900 income Balance Sheet $14,500 Debt Equity $14,500 Total $10,300 4,200 Total $14,500 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,965. w What is the external financing needed
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