genuir * Ch.4: Long-term Financial Planning P112 3. Calculating EFN [LO2) The most recent financial statements for Zoso,
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genuir * Ch.4: Long-term Financial Planning P112 3. Calculating EFN [LO2) The most recent financial statements for Zoso,
genuir * Ch.4: Long-term Financial Planning P112 3. Calculating EFN [LO2) The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Sales $6,300 Costs 3,890 Net income $2,410 Assets Balance Sheet $18,300 Debt Equity $18,300 Total $12,400 5,900 $18,300 Total Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $7.434. What is the external financing needed?
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