Physics
Physics, 23.09.2019 17:30, saren47

The most recent financial statements for reply, inc., are shown here: income statement balance sheet sales $ 28,600 assets $ 61,100 debt $ 25,700 costs 20,600 equity 35,400 taxable income $ 8,000 total $ 61,100 total $ 61,100 taxes (40%) 3,200 net income $ 4,800 assets and costs are proportional to sales. debt and equity are not. a dividend of $2,100 was paid, and the company wishes to maintain a constant payout ratio. next year’s sales are projected to be $34,320. what is the external financing needed? (do not round intermediate calculations.)

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