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Carisbad Corporation's sales are expected to increase from 55 million in 2021 to 56 milion in 2022 , or by 20%. tts assets totaled 53

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Carisbad Corporation's sales are expected to increase from 55 million in 2021 to 56 milion in 2022 , or by 20%. tts assets totaled 53 million at the and of 2021 . Carisbad is at ful capooty, so its assets must grow in proportion to projected sales. At the end of 2021 , current llabilities are 51 million, consisting of 5250,000 of accounts payabie, 5500,000 of notes payable, and $250,000 of acerued liabiries. Its profit margin is forecasted to be 6V, and the forecasted retentien ratio is 40%. Use the AEN eeuation to ferecast the asditional funds carisbad will need for the coming year. Write out your answer completely. For example, 5 militian should be entered as 5.000,000. Reund your answar to the nearest dollar, What additional funds would be needed if the company's year-end 2021 assets had been 54 mallion? Assume that all other numbers are the same. Write out your answer completely, For example, 5 milion should be entered as 5,000,000. flound your answer to the nearest collar. Is the companys "capital intensity" the same or different comparing to initial sfuation? The nrm's copital intensity rave in the new stuation is that in the inviel ose

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