-Please refer to Oscar's financial statements.Assume a constant net profit margin and dividend payout ratio,and further assume all of Oscar's assets and current liabilities vary directly with sales.Assume long-term debt and common stock remain unchanged.Sales are projected to increase by 10 percent.What is the external financing need for next year?
A) -$410
B) -$260
C) $235
D) $1,320
E) $7,240
F) None of the above.

Question

-Please refer to Oscar's financial statements.Assume a constant net profit margin and dividend payout ratio,and further assume all of Oscar's assets and current liabilities vary directly with sales.Assume long-term debt and common stock remain unchanged.Sales are projected to increase by 10 percent.What is the external financing need for next year?
A) -$410 
B) -$260 
C) $235 
D) $1,320 
E) $7,240 
F) None of the above.

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The Answer of 
-Please refer to Oscar's financial statements.Assume a constant net profit margin and dividend payout ratio,and further assume all of Oscar's assets and current liabilities vary directly with sales.Assume long-term debt and common stock remain unchanged.Sales are projected to increase by 10 percent.What is the external financing need for next year?
A) -$410 
B) -$260 
C) $235 
D) $1,320 
E) $7,240 
F) None of the above.

-Please Refer to Oscar's Financial Statements