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0/1pts Question 4 Use the following information to answer this question. Forecasted additional funds needed are: Balance Sheet December 31, 2014 Income Statement for the

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0/1pts Question 4 Use the following information to answer this question. Forecasted additional funds needed are: Balance Sheet December 31, 2014 Income Statement for the year ending December 31, 2014 (In thousands) (in thousands) Sales COGS $20.000 9,100 10,900 Assets: Total Current Assets Net Plant 8& Equipment Total Assets $50,000 35,000 $85,000 Selling Expenses 2000 Depreciation Expense 1,500 Fixed Expenses2000 5.400 Liabilities & Equity: Accounts Payable Notes Payable Accrued Expenses $20.000 5,000 5.000 EBIT Taxes (40%) 2.160 Bonds Payable Common Stock Capital in Excess of 10,000 Par 20,000 20.000 Net Income 3.240 Conmen Stock Dv Retained Carnings 5.000 600 5,000 $ 2.640 Total Liabilities & Equity Sales for 2015 are projected to be $25 000. the finin gurie epicciation No new equipment perch 100s earnings distrbytionifo

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