Business, 07.10.2020 23:01 brendanhein1

The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,500 Assets $14,900 Debt $10,500 Costs 3,420 Equity 4,400 Net income $1,080 Total $14,900 Total $14,900 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,959. 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...