what is the external financing needed?

Neural Transportation Networks, a U.S. based transportation engineering company, is planning for future growth. Their financial statements for last year are below. Use information from the class lecture, the class discussion, or answer the question at the end. Sales are expected to grow by 20 percent this year. Their tax rate and dividend payout ratio will be the same in the future. Costs, selling and administration expense, current assets, accounts payable, and accrued taxes increase proportionally with sales. Interest expense, notes payable, and long-term debt will be unchanged. They are operating at 85 percent capacity. Assets Liabilities and Owners' Equity Neural Transportation Networks, a U.S. based transportation engineering company, is planning for future growth. Their financial statements for last year are below. Use information from the class lecture, the class discussion, or answer the question at the end. Sales are expected to grow by 20 percent this year. Their tax rate and dividend payout ratio will be the same in the future. Costs, selling and administration expense, current assets, accounts payable, and accrued taxes increase proportionally with sales. Interest expense, notes payable, and long-term debt will be unchanged. They are operating at 85 percent capacity. Assets Liabilities and Owners' Equity