Assume the company is operating at full capacity. The company pays out in dividends $60\%$ of its net income and moves $40\%$ of its net income into retained earnings.

If we expect sales to increase by $20\%$ next year what should be the new level of net income?

$[$ $$73,892,$ $$57,073,$ $$49,375,$ $$53,076]$

Based on a $20\%$ increase in sales what should be the projected level of retained earnings on the balance sheet?

$[$ $$81,467,$ $$72,682,$ $$97,530,$ $$59,453]$

Based on a $20\%$ increase in sales what should be the projected level of Total Assets?

$[$ $$721,238,$ $$746,050,$ $$500,500,$ $$626,400]$

Based on a $20\%$ increase in sales compute the Additional Financing Needs for next year.

$[$ $$54,400,$ $$58,114,$ $$61,682,$ $$49,870]$