Respuesta :
Answer:
Explanation:
External financing needed =
(1.10×$12,470) - (1.10× $1330)- $3200-$4600 - ($2,840+($45×1.10)=$616. 36.
The need for external financing is intermediate.
Answer:
External Financing Needed (EFN) = $616.36
Explanation:
This question didn't give full information of the balance sheet.
The following are needed to find find the EFN:
- Sales
-Income
-Taxable Income
-Net Income
-Taxes
Nevertheless, here is the calculation:
External financing needed =
(1.10×$12,470) - (1.10× $1330)- $3200-$4600 - ($2,840+($45×1.10)=$616. 36