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roer j o sauc art projelu tuve 30,424. What is the Callal Tallinn needed? EFN [LO2] The most recent financial statements for Cardinal, Inc., are
roer j o sauc art projelu tuve 30,424. What is the Callal Tallinn needed? EFN [LO2] The most recent financial statements for Cardinal, Inc., are shown here: 4. Income Statement Sales $25,400 Assets Costs 17,300 Taxable income $ 8,100 Total Taxes (21%) 1,701 Net income $ 6,399 Balance Sheet $61,000 Debt Equity $61,000 Total $26,900 34,100 $61,000 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $29,210. What is the external financing needed? EFN [LO2] The most recent financial statements for Assouad, Inc., are shown here: 5
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