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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 52 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 52 million at the end of 2021 Carlsbad is a full capacity, so its assets must grow in proportion to projected sales. At the end of 2021, current liabilities 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 6% and the forecasted retention ratio is 40% Use the Arn ecuation to forecast the additional funds Carlsbad will need for the coming year. Write out your answer completely . For example, s millon should be entered 15,000,000. Round your answer to the nearest dollar, $ 556,000 What additional funds would be needed at the company's year end 2021 assets had been milion? Assume that all other numbers are the same. Write out your answer completely. For example, 5 million should be entered a 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 ist that in the initial ons

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