Tallinn Financial forecasts €200,000 in net income next fiscal year and ending total assets for €600,000. Tallinn pays 60% of its net income out in dividends. Tallinn’s current shareholder equity...


Tallinn Financial forecasts €200,000 in net income next fiscal year and ending total assets for €600,000.  Tallinn pays 60% of its net income out in dividends.  Tallinn’s current shareholder equity €240,000 and current liabilities are €100,000.  Current liabilities are forecast to increase by €20,000 and debt (long-term) is expected to remain constant.  What is Tallinn’s net new financing needed next year?



Jun 11, 2022
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