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most recent financial statements for kerch inc are shown here. the Assuming no income taxes. income statement Balance Sheet sales $8,300 assets $23,200 Debt $9,00

most recent financial statements for kerch inc are shown here.

the Assuming no income taxes.

income statement

Balance Sheet

sales

$8,300

assets

$23,200

Debt

$9,00

costs

5,400

_______

Equity

14200

net

2810

Total

$23,200

Total

$23,20

income

Assets and cost are proportional to sales. Debt and equity are not. No dividends are

paid. Next year's sales are projected to be $9545

What is the external financing needed?

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