Question: Problem 1 9 - 6 Calculating EFN ( LO 4 , CFA 8 ) The most recent financial statements for Bradley, Incorporated, are shown here
Problem Calculating EFN LO CFA
The most recent financial statements for Bradley, Incorporated, 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
$ What is the external financing needed?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to t
nearest whole number.
External financing needed
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