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most recent financial statements for kerch inc are shown here. the Assuming no income taxes. income...

most recent financial statements for kerch inc are shown here.

the Assuming no income taxes.

income statement

Balance Sheet

sales

$8,300

assets

$23,200

Debt

$9,00

costs

5,400

_______

Equity

14200

net

2810

Total

$23,200

Total

$23,20

income

Assets and cost are proportional to sales. Debt and equity are not. No dividends are

paid. Next year's sales are projected to be $9545

What is the external financing needed?

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jeff jeffy answered 1 year ago
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