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Calculating EFN The most recent financial statemen...

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Calculating EFN The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes): [ Income Statement Sales Costs Net income $5,700 3,820 ' $1,880 Assets Total Balance Sheet * $14,100 $14,100 Debt Equity Total $ 6,300 I 7,800 I $14,100 | sggpr '"9MB Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $6,669. What is the external financing needed? SEE ATTACHMENT # 8

 

Paper#5435 | Written in 18-Jul-2015

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