Assets and costs are proportional to sales debt and equity, Finance Basics

Assets and costs are proportional to sales debt and equity

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

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?

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Finance Basics: Assets and costs are proportional to sales debt and equity

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Finance Basics: Assets and costs are proportional to sales debt and equity

Reference No:- TGS02216179

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