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The most recent financial statements for Mixton, Incorporated, are shown here: INCOME STATEMENT BALANCE SHEET Sales $ 4 9 , 0 0 0 Assets $
The most recent financial statements for Mixton, Incorporated, are shown here:
INCOME STATEMENT BALANCE SHEET
Sales $ Assets $ Debt $
Costs Equity
Taxable income $ Total $ Total $
Taxes
Net income $
Assets and costs are proportional to sales. Debt and equity are not. A dividend of $ was paid, and the company wishes to maintain a constant payout ratio. Next years sales are projected to be $ What is the external financing needed?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
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