Big Test toe hud sales last year of 100mm. Sales are expected to grow 20% next year. To support the new sales level, the production manager has indicated that fixed assets will need to increase by Somm. Last year's balance sheet showed the following: Current assets - 520mm Fixed assets - 590mm Accounts Payable - 510mm - Notes Payable - 50m Long term Liabilities - 350mm Common Stock-$20mm Retinaming Given this data, what is the forcat level of Notes Payable for next year? (Note use the standard assumptions from tecture) $24mm $3imm $30mm 520mm Big Test Inc. had sales last year of $100mm. Sales are expected to grow 20% next year. To support the new sales level, the production manager has indicated that fixed ass will need to increase by $30mm. Last year's balance sheet showed the following o Current assets $20mm . Fixed assets - 590mm Accounts Payable - $10mm Notes Payable - 520mm Long-term Liabilities - 550mm Common Stock - $20mm Retained Earnings = $50mm Given this data, what is the forcast level of total financing seed (Note: use the standard assumptions from lecture) 5140mm $110mm $132mm $144mm Big Test Inc. had sales last year of 100mm. Sales are expected to grow 20% next year. To support the new sales level, the production manager has indicated that lived ones will need to increase by $30mm. Last year's balance sheet showed the following Current assets - 520mm Fixed assets - 590mm Accounts Payable - 10mm Notes Payable - $20mm Long-term Liabilities - 55mm Common Stock - 120mm - Retained Earnings - 50mm Assuming net margin will be 9% and that the dividend payout ratio will be what is the times DEN BEWARE OF THE CHANGILIN ASSUMPTIONS FROM PREVIOUS PROBLEMI (Note: the standard assumptions from lecture) $25.52mm $29.60mm $27.68mm 526.96mm