What is the external financing needed

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Reference no: EM131419565

Calculating EFN The most recent financial statements for Incredible Edibles, Inc., are shown here (assuming no income taxes):

1800_bed38bf2-d337-440b-a8f2-c41abe379740.png

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $9,660. What is the external financing needed?

 

Reference no: EM131419565

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