Question
The most recent financial statements for Dockett, Inc., are shown here (assuming no income taxes): Income Statement Sales $6968 Costs $4188 Balance Sheet Assets $19818
The most recent financial statements for Dockett, Inc., are shown here (assuming no income taxes): Income Statement Sales $6968 Costs $4188 Balance Sheet Assets $19818 Debt $5131 Equity ? Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $8474. What is the external financing needed?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
