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Company A's Current Sales Are $120 and the Most Current

Question 69

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Company A's current sales are $120 and the most current balance sheet is presented below.Suppose the sales growth rate is 10% and that short-term debt, long-term debt, and equity are not expected to change.What is the external financing needed for next year?
Company A's current sales are $120 and the most current balance sheet is presented below.Suppose the sales growth rate is 10% and that short-term debt, long-term debt, and equity are not expected to change.What is the external financing needed for next year? A) -$13.5 B) $13.5 C) $165 D) $151.5


A) -$13.5
B) $13.5
C) $165
D) $151.5

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