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Question 3: Financial Needs & Financing Requirements (14 marks) A company needs $1,575,000 to invest in different types of assets and operating expenses to

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Question 3: Financial Needs & Financing Requirements (14 marks) A company needs $1,575,000 to invest in different types of assets and operating expenses to launch a new line of products. The information below has been extracted from the company's financial statements. Marketing Costs Depreciation Shareholders 95,000 Trade Receivables 210,000 105,000 Equipment 675,000 225,000 Suppliers 350,000 Inventories 400,000 Profit/Net Income 125,000 Working Capital Loan 165,000 Equipment Vendors 205,000 Research & Development 195,000 Commercial Bank 400,000 Required: With the information above, make a list of the company's financial needs and financing requirements.

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