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The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Income Statement Sales $ 5,200 Costs (3,432) Net income $
The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Income Statement Sales $ 5,200 Costs (3,432) Net income $ 1,768 Assets Balance Sheet $ 15,600 Debt Equity $ 15,600 Total $ 8,000 7,600 $ 15,600 Total Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $6,500. What is the external financing needed? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole number.) EFN
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