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The most recent financial statements for Valley View Distributors are given below. Costa, assets, and short-term debt are proportional to sales. Long-term debt is not.
The most recent financial statements for Valley View Distributors are given below. Costa, assets, and short-term debt are proportional to sales. Long-term debt is not. Dividends are 20% of NI. Next years sales are projected to be $3,600. Income Statement Balance Sheet Sales $3,200 Assets $3,600 Short-term Debt $192 Costs 2,400 Long-term Debt 1.248 Equity 2,160 Taxable income 800 $3,600 Taxes@25% 200 Total $3,600 Total Net Income $600
what is the NI, RE, Equity for next year, and EFN
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