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Carlsbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022 , or by 20%. Its assets totaled $3

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Carlsbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022 , or by 20%. Its assets totaled $3 million at the end of 2021 . Carlsbad is at full capacity, 50 its assets must grow in proportion to projected sales. At the end of 2021 , current ilabilities are $1 mililon, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its proft margin is forecasted to be 3%, and the forecasted retention ratio is 25%. Use the AFN equation to forecast the additional funds Carisbad will need for the coming year. Write out your answer completely, For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar. What add tonal funds would be needed if the company's year-end 2021 assets had been $4 million? Assume that alf other numbers are the same. Write out your answer completely. For example, 5 mininion should be entered as 5,000,000. Round your answer to the nearest dollac, 5 Is the company's "capital intenvity" the same of different comparing to initial situation? The firm's capital intensity fatio in the new situation is that in the initial one

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