he most recent financial statements for Mixton, Incorporated, are shown here: INCOME STATEMENT BALANCE SHEET Debt Equity Total Sales Costs Taxable income Taxes (22%) Net income $ 52,000 42,400 $ 9,600 2,112 $ 7,488 Assets Total $ 115,700 $ 115,700 Answer is complete but not entirely correct. External financing needed $ 11,990 $ 34,500 81,200 $ 115,700 assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,900 was paid, and the company maintain a constant payout ratio. Next year's sales are projected to be $61,360. What is the external financing needed lote: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

The most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales Costs $9,300 7,330 Assets $20,000 Debt Equity $ 8,000 12,000 Net income $ 1,970 Total $20,000 Total $20,000 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $10,788. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) External financing needed

The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet $ 11,940 Debt 31,500 Equity Sales Costs Taxable income Taxes (21%) Net income $ 20,100 Current assets 13,800 Fixed assets Internal growth rate $ 6,300 1,323 $ 4,977 Total $ 43,440 % $ 16,420 27,020 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Total $ 43,440

Consider the following income statement for the Heir Jordan Corporation:    HEIR JORDAN CORPORATIONIncome Statement   Sales         $ 47,600     Costs           35,600                     Taxable income         $ 12,000     Taxes (25%)           3,000                     Net income         $ 9,000                         Dividends $ 3,000                 Addition to retained earnings   6,000                The balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement, supply the missing information using the percentage of sales approach. Assume that accounts payable vary with sales, whereas notes payable do not. (Leave no cells blank - be certain to enter "0" whenever the item is not a constant percentage of sales. Enter each answer as a percent rounded 2 decimal places, e.g., 32.16.)     HEIR JORDAN CORPORATION Balance Sheet     Percentage of Sales     Percentage of Sales Assets…