1: The most recent Financial Statement for Watchtower Inc. are shown here (Assume no income...
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Finance
1: The most recent Financial Statement for Watchtower Inc. are shown here (Assume no income taxes)
Income Statement
Sales
$5100
Cost
$3400
Net Income
$1700
Balance sheet
Assets
Liabilities and Owners Equity
Assetss 14500
Debt 10, 200
Equity 4300
Total Assets 14500
Total 14500
Assets and costs are proportional to sales, Debt and Equity are not. No dividends are paid, next year slaes are projected to be $ 5967. What is the External Financing needed?
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