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...

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Finance

most recent financial statements for kerch inc are shownhere.
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 arenot. No dividends are
paid. Next year's sales are projected to be $9545
What is the external financing needed?

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most recent financial statements for kerch inc are shownhere.the Assuming no income taxes.income statementBalance Sheetsales$8,300assets$23,200Debt$9,00costs5,400_______Equity14200net2810Total$23,200Total$23,20incomeAssets and cost are proportional to sales. Debt and equity arenot. No dividends arepaid. Next year's sales are projected to be $9545What is the external financing needed?

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...

70.2K

Verified Solution

Question

Finance

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most recent financial statements for kerch inc are shownhere.
	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 arenot. No dividends are
paid. Next year's sales are projected to be $9545

What is the external financing needed?