Question
Balance Sheet ($ 000 Millions) Assets 2010 Liabilities and Owners' Equity 2010 Current Assets Current Liabilities Cash 300 Accounts Payable 300 Accounts Receivable 250 Notes
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Assuming that the current Sales revenue for 2010 is expected to increase by 30%, and all other figures remain constant, reconstruct the Balance sheet and Income Statements. Also, determine if there would be a need for external financing.
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