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The most recent financial statements for Kerch, Incorporated, are shown here ( assuming no income taxes ) : Income Statement Balance Sheet Sales $ 4
The most recent financial statements for Kerch, Incorporated, are shown here assuming no income taxes:
Income Statement Balance Sheet
Sales $ Assets $ Debt $
Costs Equity
Net income
$
Total
$
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 $
What is the external financing needed?
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