The most recent financial statements for gps, inc., are shown here: income statement balance sheet sales $24,000 assets $122,000 debt $35,600 costs 16,500 equity 86,400 taxable income $7,500 total $122,000 total $122,000 taxes (30%) 2,250 net income $5,250 assets and costs are proportional to sales. debt and equity are not. a dividend of $1,570 was paid, and the company wishes to maintain a constant payout ratio. next year's sales are projected to be $28,100. what is the external financial needed?

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.