8. Calculating EFN The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Income Statement Sales Costs Net income $6,500 5,320 $1,180 Assets Total Balance Sheet $17,400 Debt $ 8,400 Equity 9,000 $17.400 Total $17,400 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,280. What is the external financing needed?

Calculating EFN The most recent financial statements for Bradley, 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 $7,280. What is the external financing needed