External financing needed

Reference no: EM13972903

The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,600 Assets $14,500 Debt $10,500 Costs 3,460 Equity 4,000 Net income $1,140 Total $14,500 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 $5,959.

Required: What is the external financing needed? (Do not round your intermediate calculations.)

$2,677
$2,557
$2,807
$3,087
$2,932

Reference no: EM13972903

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