The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes):...
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Accounting
The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,100 Assets $15,300 Debt $10,400 Costs 3,420 Equity 4,900 Net income $680 Total $15,300 Total $15,300 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,966. Required: What is the external financing needed? (Do not round your intermediate calculations.)
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