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Argosy University/ Phoniex University/
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Phoniex University
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Category > Management Posted 12 Oct 2017 My Price 6.00

Zoso, Inc

The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$4,900	Assets	$15,400	Debt	$10,200
Costs	3,390			Equity	5,200
Net income	$1,510	Total	$15,400	Total	$15,400

Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,972.

Required:

What is the external financing needed? (Do not round your intermediate calculations.)

rev: 09_17_2012

	$1,279
	$1,529
	$1,809
	$1,654
	$1,399

references

Answers

Maurice Tutor

(5)

Status NEW Posted 12 Oct 2017 11:10 AM My Price 6.00

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