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Calculating EFN The most recent financial statements for Incredible Edibles, Ic., are shown ba (assuming no income taxes): BALANCE SHEET INCOME STATEMENT Sales $12,100 Assets
Calculating EFN The most recent financial statements for Incredible Edibles, Ic., are shown ba (assuming no income taxes): BALANCE SHEET INCOME STATEMENT Sales $12,100 Assets $28,300 Debt $ 7,400 Costs 8,760 Equity 20,900 Net income $ 3,340 Total $28,300 $28,300 Total Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next yea sales are projected to be $14,399. What is the external financing needed
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