What would the the solution for problem 19 and 20 with an explanation?

211.000 346-F Interest 75.000 SCH $20.000 Nerine BISI.00 D) 000 El Nore of the above Quier Smy Last Key will result in a $50 fine. Do not Add or Remove Chairs er cell phone use. 20) 201 You are estimating your enemy's external Dancing needs for the next year. At the end of the year you expect that equity will be 580 million, w ts will c t 170 million and sal liabilities will be STO ion. How wich will you firmed to borrow, or otherwise acquire from outside sources during the year AS150 million H $ 70 million C 520 millon D) $100 million E) SIRO million F) None of the above 21) 21) To estimate Missed Places Inc. (MP) external financing needs, the CFO needs to figure out how much equity her firm will have at the end of next year. At the end of the most recent fiscal year, MP's retained camnings were $158,000. The Controller has estimated that over the next year, gross profits will be $360,700, camnings her tax will 19) Please refer to the income state goods sold are variable and op breakeven sales volume in 2014? tement for VGA Associates below. Assuming that cost of operating expenses are fixed, what was VGA Associates 19 - he in 2010 ing expenses sociates below. Assumin VGA Associates Income statement for 2014 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Pre-tax income Taxes $200.000 150.000 50.000 20.000 30,000 5.000 25.000 5.000 $20.000 Net income A) $150,000 B) $180,000 C) $20,000 D) $80,000 E) None of the above. 20) - 20) You are estimating your company's external financing needs for the next year. At the end of the year you expect that owners' equity will be $ 80 million total assets will amount to $170 million, and total liabilities will be $70 million. How much will your firm need to borrow, or otherwise acquire, from outside sources during the year? A) $150 million B) $70 million C) $20 million D) $160 million E) $180 million F) None of the above