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T U JL9,210. Whal is the external financing needed? 5. EFN [LO2] The most recent financial statements for Assouad, Inc., are shown here: x Costs

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T U JL9,210. Whal is the external financing needed? 5. EFN [LO2] The most recent financial statements for Assouad, Inc., are shown here: x Costs Income Statement Sales $7,900 5,500 Taxable income $2,400 Taxes (25%) 600 Net income $1,800 Current assets Fixed assets Balance Sheet $ 3,900 Current liabilities 8,600 Long-term debt Equity $ 12,500 Total $ 2,100 3,700 6,700 $12,500 Total Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to incran exactly 15 percent. What is the external finanni 6. Calculo T U JL9,210. Whal is the external financing needed? 5. EFN [LO2] The most recent financial statements for Assouad, Inc., are shown here: x Costs Income Statement Sales $7,900 5,500 Taxable income $2,400 Taxes (25%) 600 Net income $1,800 Current assets Fixed assets Balance Sheet $ 3,900 Current liabilities 8,600 Long-term debt Equity $ 12,500 Total $ 2,100 3,700 6,700 $12,500 Total Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to incran exactly 15 percent. What is the external finanni 6. Calculo

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