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The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Income Statement Sales Costs Net income $ 8,800 (6,600) $
The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Income Statement Sales Costs Net income $ 8,800 (6,600) $ 2,200 Assets Balance Sheet $ 26,400 Debt Equity $ 26,400 Total $ 9,500 16,900 $ 26,400 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 $10,472. 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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