Question
Income Statement Balance Sheet Sales $ 26,800 Assets $ 62,800 Debt $ 27,800 Costs 17,400 Equity 35,000 Taxable income $ 9,400 Total $ 62,800 Total
| Income Statement | Balance Sheet | ||||||||||
| Sales | $ | 26,800 | Assets | $ | 62,800 | Debt | $ | 27,800 | |||
| Costs | 17,400 | Equity | 35,000 | ||||||||
| Taxable income | $ | 9,400 | Total | $ | 62,800 | Total | $ | 62,800 | |||
| Taxes (40%) | 3,760 | ||||||||||
| Net income | $ | 5,640 | |||||||||
| Assets and costs are proportional to sales. Debt and equity are not. A dividend of $1,900 was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $32,160. |
| What is the external financing needed? |
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The Ultimate Beginners Guide To Understanding NFTs
Authors: LM Anderson
1st Edition
1739781732, 978-1739781736
