Business, 18.02.2021 23:50 rileysndr1782
Below are Company's financial statements: Income Statement Balance Sheet Sales $ 7,900 Current assets $ 3,900 Current liabilities $ 2,100 Costs 5,500 Fixed assets 8,600 Long-term debt 3,700 Taxable income $ 2,400 Equity 6,700 Taxes (25%) 600 Total $ 12,500 Total $ 12,500 Net income $ 1,800 We assume that Company Is current liabilities, assets, and costs are proportional to its sales. However, long-term debt and equity are not proportional to sales. We assume that the company's dividend payout ratio is 40 percentage and remains constant. The company's sales are projected to increase by exactly 15 percent in the next year. What is the external financing needed
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Below are Company's financial statements: Income Statement Balance Sheet Sales $ 7,900 Current asset...
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