1 . Lets say CU Industries reports that (1) its inventory turnover ratio = 3x = (Sales/Inventory) while the industry average is 4x. CUI wants to improve their ratio to 4x, and they say that they can do it without affecting sales or the profit margin or other asset turnover ratios. Demand for their products is high and growing. They think that sales can grow 20% if they can get external funding. How much external funding will they need for an expected 20% growth rate (use the AFN formula)