The most recent financial statements for Martin, Inc , are shown here Assets and costs are proportional to sales Debt and equity are not A dividend of $850 was paid, and Martin wishes to maintain a constant payout ratio Next years sales are projected to be $31,625 What is the external financing nee...

An increase of sales to 31625 is an increase of Sales increase 31625 27500 27500 Sales increase 15 o ...

The most recent financial statements for Martin, Inc., are shown here: Assets and costs are proportional to

Question:

The most recent for Martin, Inc., are shown here: Balance Sheet Income Statement $ 43,000 Sales $105,000 $27,500 Assets Debt (19,450) Costs Equity 62,000 $ 8,050 (2,737)

Balance Sheet Income Statement $ 43,000 Sales $105,000 $27,500 Assets Debt (19,450) Costs Equity 62,000 $ 8,050 (2,737)

Assets and costs are proportional to sales. Debt and equity are not. A of $850 was paid, and Martin wishes to maintain a constant payout ratio. Next year€™s sales are projected to be $31,625. What is the external financing needed? Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...