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Below are the most recent financial statements for CrazyEddie Electronics, (assuming no income taxes): Income Statement Sales $4,300 Assets Costs 3,390 Net $910 Total income
Below are the most recent financial statements for CrazyEddie Electronics, (assuming no income taxes): Income Statement Sales $4,300 Assets Costs 3,390 Net $910 Total income Balance Sheet $15,200 Debt Equity $10,400 4,800 $15,200 Total $15,200 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,966. What is the external financing needed
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