The most recent financial statements for Assouad, Inc., are shown here: Income Statement Balance Sheet Current $4,000 Current assets $4,400 Sales $920 liabilities 6,100 Long-term debt Costs 2,200 Fixed assets 3,620 Taxable income $1,800 Equity 5,960 Taxes (22%) 396 $10,500 Total $10,500 Total $1,404 Net income Assets, costs, and current liabilities are proportional to sales. Long-term deb are not. The company maintains a constant 50 percent dividend payout ra every other firm in its industry, next year's sales are projected to increase by percent. What is the external financing needed? Multiple Choice $1747 50 What is the external financing needed? Multiple Choice O $1,747.50 $905.00 $1.467.50 $1,567.50 $1,517.50 The most recent financial statements for Assouad, InC., are shown here: Income Statement Balance Sheet $4,000 Current assets $4.400 Current liabilities Sales $920 6,100 Long-term debt Costs 2,200 Fixed assets 3,620 Taxable income $1,800 Equity Total 5,960 $10,500 Taxes (22%) $10,500 396 Total Net income $1,404 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 50 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 25 percent. What is the external financing needed? Multiple Choice $1,747.50 $905.00 $1,467.50 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 50 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 25 percent. What is the external financing needed? Multiple Choice $1,74750 $905.00 $1,467.50 $1,567.50 $1,517.50