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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 $2 million

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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 $2 million at the end of 2021. Carlsbad is at for capacity, so its assets must grow in proportion to projected sales. At the end of 2021, current liabilties are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 4%, and the forecasted retention ratio is 40%. Use the APN equation to forecast the additional funds Carlsbad will need for the coming year Write out your answer completely. For example, 5 million should be entered s 5,000,000. Round your answer to the nearest dolor 5 204,000 What additional funds would be needed if the company's year and 2021 wets had been $7 millon? Assume that all other numbers are the same write out your answer completely For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar $ Is the company's capital intensity the same or different comparing to initial situation? The firm's capital intensity ratio in the new situation is that in the initial one

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