Reference no: EM133056215
The most recent financial statements for incredible edibles, Inc are shown here ( assuming no income taxes):
Income Statement Balance Sheet
Sales $7,500 Assets $15,800 Debt $6,300
Costs 5,410 Equity 9,500
Net Income $2,090 Total $15,800 Total $15,800
Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next Year's sales are projected to be $9,075.
What is the external financing needed ( Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
External financing needed $
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: The most recent financial statements for incredible edibles, Inc are shown here ( assuming no income taxes):
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