Question 7 (of value 10.00 points The most recent financial statements for Heine, Inc., are...
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Question 7 (of value 10.00 points The most recent financial statements for Heine, Inc., are shown here Sales Costs $ 26,900Assets $63,700 Debt $27,900 Equity 35,800 18,800 Taxable income $ 8.100 Total $63,700 Ttal 63,700 Taxes (40%) 3.240 Net income $ 4,860 Assets and costs are proportional to sales Debt and equity are not A dividend of $2,300 was paid and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $30.935 What is the external financing needed? (Do not round intermediate calculations.) Extermal financing needed HintsReferences eBook & Resources
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