ANN Equation s Whir is this AFN different from the one when the company pays dividesids? 1. Under this scenario the company would have a hioher levet of retainod earnings which wald ceduce the amourt of additionul funda needed. 11. Under this acenario the company would have a higher level of retained earnings which would increase the amount of additional funds needed. 1i. Undm this scenario the company would have a hilgher level of retained earnfngs but this would haver no erfect on the amount of additionul furids needed. Broussard 5k ateboard's sales are expected to increase by 2054 from $7.4 milion in 2018 to $8.88 million in 2019. its assets totaled $1million at the end of 2018. Brokissard is already at full capacity, so its assets must orow at the same rate as projected sales. At the end of 2018 , current liabilities were $1.4 millon, corsisting of $450,000 of accounts payable, $500,000 of notes payable, and 8450,000 of accruals. The after-tax profit margin ts forecasted to be 4%6. Assume that the comeuny pays no Gividends. Under these assumptions, What would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your anniwer to the nearest dohar. Why is this AFN different from the one when the company pays dividends? 1. Under this scenarie the company wpuld have a higher levol of retained earnings which would reduce the amcunt of additional funds needed. II. Under this scenarib the company Would have a higher level of retained earnings which would increase the amount of additional funds needed. 11I. Under this scenarlo the company would have-a higher level of retalned earnings but this would hawe no effoct on the amount of additional funds needed. TV. Under this scen ario the company would have a lower lewel of retained eamings which would reduce the amount of additional funds needed. V. Under thit scenario the company would have a lower level of retained earnings but thils would have no sfffect on the amount of addicicnal funds needed