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The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Sales Costs Assets Net income EFN Income Statement Total $7,000
The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): Sales Costs Assets Net income EFN Income Statement Total $7,000 -4, 200 $2,800 Balance Sheet $20,300 Debt Equity Total $20,300 $10,800 9,500 $20,300 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7,700. What is the external financing needed? (A negative value should be indicated by a minus sign. Do not round intermed calculations. Round your answer to the nearest whole number.)
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