Sales Balance Sheet Costs Net Income Assets Total Assets Total Long-term Debt and $15,800 Equity Assets and costs are proportional to sales; long-term debt is not. Equity will change because of retained earnings. No dividends are paid. Next year's sales are projected to be $9,075. $15,800 What is the external financing needed? 00525 $2.090 5410 The external financing needed is zero. Long-term debt $789 $630 Equity & $1490 $478 BOCY $15.800 00565