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The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,300 Assets $15,200 Debt $10,900
The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,300 Assets $15,200 Debt $10,900 Costs 3,440 Equity 4,300 Net income $860 Total $15,200 Total $15,200 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,958. Required: What is the external financing needed? (Do not round your intermediate calculations.) $4,419.24 $4,669.24 $4,794.24 $4,949.24 $4,539.24
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