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Recent financial statement for williamson

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Reference no: EM131234472

The most recent financial statement for Williamson INC. are shown here (assuming no income taxes)

Income statement

Balance sheet

Sales $7,400

Assets $19,200

Debt $6,100

Cost 4,510

Equity $13,100

Net Income $2,890

Total $19,200

Total $19,200
  • Assets and cost are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $8,954
  • What is the external financing needed? (Do not round intermediate calculations and round your answer to the newest whole number)
  • External financing needed is what?

Reference no: EM131234472

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