The most recent financial statements for Dockett, Inc., are shown here (assuming no income taxes): Income Statement Sale

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answerhappygod
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The most recent financial statements for Dockett, Inc., are shown here (assuming no income taxes): Income Statement Sale

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The most recent financial statements for Dockett, Inc., areshown here (assuming no income taxes):
Income Statement
Sales
$7,123
Costs
$4,312
Balance Sheet
Assets
$18,576
Debt
$9,285
Equity
?
Assets and costs are proportional to sales. Debt and equity arenot. No dividends are paid. Next year’s sales are projected to be$7,804.
What is the external financing needed?
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