The most recent financial statements are Zoso, Inc., are shown here (assuming no income taxes):Balance SheetDebt $12,400Equity $ 5,900Total $18,300Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $7,434. What is the external financing needed?The most recent financial statements are Zoso, Inc., are shown here (assuming no income taxes):Income Statement Balance SheetSales $6,300 Assets $18,300 Debt $12,400Costs $3,890 Equity $ 5,900…
What is the external financing needed?
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