A firm has targeted a 40% growth in sales this year. Last year's cash as a percent of sales was 15%, accounts receivable 30%, and inventory 35%. What percentage growth in current assets is required to support the growth in sales under the percent-of-sales forecasting method? A. 32% B. 26% C. 18% D. Not enough information to tell

Answer the following question in Microsoft EXCEL. Must show all your work using financial formula(s).