carter company has plants in nine midwestern states. sales for las year 100 million and balance sheet at year-end is similar in percentage of sales to that of previous year and this will continue in the future. all assets including fix and current liability will vary directly with sales it has an after tax margin of 5 percent and a dividend payout ratio of 30 percent. If sales grow by 10 percent next year, determine how many dollars of new funds are needed to finance the expansion. Assume carter paint is already using assets at full capacity and that plant must be addeded