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The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Statement of Comprehensive Income Sales $ 6,300 Costs 3,890 Net
The most recent financial statements for Marpole Inc., are shown here (assuming no income taxes): Statement of Comprehensive Income Sales $ 6,300 Costs 3,890 Net income $2,410 Assets Statement of Financial Position $ 18,300 Debt Equity $ 18,300 Total $12,400 5,900 $18,300 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 $7,434. What is the external financing needed? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) External financing needed $0
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