. Assets Cash Accounts receivable Inventory Current assets Fixed assets Balance Sheet Kin S millions) Liabilities and Stockholders' Equity s 8 Accounts payable 23 Accrued wages 25 Accrued taxes S56 Current liabilities 44 Notes payable Common stock Retained earnings $ 100 Total liabilities and stockholders' equity $ 20 4 10 $ 34 14 18 34 $ 100 Total asseta Owen's Electronics has an aftertax profit margin of 7 percent and a dividend payout ratio of 45 percent. If sales grow by 20 percent next year, determine how many dollars of new funds are needed to finance the growth. (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g. $1,234,567).) Answer is complete but not entirely correct. New funds 6,680,000 Return to question firm is working at full capacity. Assets cash Accounts receivable Inventory Current assets Fixed assets Balance Sheet (in 9 millions) Liabilities and Stockholders' Equity $ 8 Accounts payable 23 Accrued wages Accrued taxes 5 56 Current liabilities Notes payable Common stock Retained earnings $100 Total liabilities and stockholders' equity 25 $20 4 10 $ 34 14 18 34 $ 100 Total assets Owen's Electronics has an aftertax profit margin of 7 percent and a dividend payout ratio of 45 percent If sales grow by 20 percent next year, determine how many dollars of new funds are needed to finance the growth. (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g. $1,234,567).) Answer is complete but not entirely correct. 6,680,000 New funds $ unts usater Owen's Electronics has nine operating plants in seven southwestern states. Sales for last year were $ 100 million and the balance sheet at year end is similar in percentage of sales to that of previous years and this will continue in the future) All assets including fixed assets and current les will vary directly with sales. The firm is working at full capacity tay Ant Canh Accounts receive toy Cett 23 23 Carlos 20 4 1 34 te 11 34 10 CROC ta $100 Total llits and they Totale Owens Electronics as an atertax proti margin of 7 percent and a dividend payout ratio of 45 percent If sales grow by 20 percend next year determine how many dollars of new funds are needed to finance the growth (Do not round Intermediate calculations. Enter your answer in dollars, not millions, le g. 51,234,567).) Answer is complete but not entirely correct Now and 0.00