9) Calculate the following for FitBit: i. Use the following Assumptions for both calculations:

1. Revenue=Sales

2. All assets and liabilities are variable to sales

3. Profit Margin=40%

4. Dividend Payout Ratio=25% 5.

Use: https://finance.yahoo.com/quote/FIT/financials?p=FIT

b. Calculate Required New funds via the percent of sales under full capacity

c. Calculate required new funds via the percent of sales not at full capacity