Question: Problem 3-4 EFN The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales$41,600 Assets $155,000 Debt 47000 Costs 28,000 Balance Sheet

Problem 3-4 EFN The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales$41,600 Assets $155,000 Debt 47000 Costs 28,000 Balance Sheet Equity 108,000 Taxable $ 13,600 Total $155,000 Total $155.000 income Taxes (25%) 3,400 Net income $10,200 Assets and costs are proportional to sales; debt and equity are not. A dividend of $3,800 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $47.424 What is the external financing needed? (Do not round intermediate calculations.) External financing needed K Prev2 of 7 Next> o search PrtScn F2 F3 F4

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