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Business, 20.07.2021 03:30 22nathanieltimms

The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,900 Assets $15,500 Debt $11,000 Costs 3,480 Equity 4,500 Net income $1,420 Total $15,500 Total $15,500 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,965. What is the external financing needed

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The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Inc...
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