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The most recent financial statements for Camryn, Incorporated, are shown here (assuming no income taxes): Income Statement Balance Sheet Assets $ 24,500 Debt Equity Net
The most recent financial statements for Camryn, Incorporated, are shown here (assuming no income taxes): Income Statement Balance Sheet Assets $ 24,500 Debt Equity Net income $ 1,930 Total $ 24,500 Total Sales Costs $7,200 5,270 $10,000 14,500 $ 24,500 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $8,136. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) External financing needed W.
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