Caster Paint Company has piants in four provinces. Sales last year were 5100 mition and the balance sheet at yeariend is similar in percent of sales to that of previous years (and this will continue in the future). Ali assets and current llablities will vary directly with tales. Asfume the firm is a ready using cepial assets at full capacity, The firm has an ahentax preft magin of 8 percent and a didend poyout ratio of 25 percent. a. If ules grow by 20 percent nevt year, determine now many dolars of new funds are needed to finance the expansion. (Do not round intermediate colculations. Enter the answer in mations. Round the finat answer to 3 decimal places) The fren needs 5 mition in extemal funds. b. Phepare a pro forma balance sheet weh any finansing adjustment mode to long-term debt. (Do not round interatediate calculations. Input alf answers as peritive values. Be vure to list the assets and liabilities in order of their llquidity. Enter the antwers in midions. Round the finat answens to 2 decimat places.) c. Calculate the current tatio and total debe to assets rato for esch yeac (Do not round intermediate calculations. Aound the final answers to 1 decinual plsees.) Caster Paint Company has piants in four provinces. Sales last year were 5100 mition and the balance sheet at yeariend is similar in percent of sales to that of previous years (and this will continue in the future). Ali assets and current llablities will vary directly with tales. Asfume the firm is a ready using cepial assets at full capacity, The firm has an ahentax preft magin of 8 percent and a didend poyout ratio of 25 percent. a. If ules grow by 20 percent nevt year, determine now many dolars of new funds are needed to finance the expansion. (Do not round intermediate colculations. Enter the answer in mations. Round the finat answer to 3 decimal places) The fren needs 5 mition in extemal funds. b. Phepare a pro forma balance sheet weh any finansing adjustment mode to long-term debt. (Do not round interatediate calculations. Input alf answers as peritive values. Be vure to list the assets and liabilities in order of their llquidity. Enter the antwers in midions. Round the finat answens to 2 decimat places.) c. Calculate the current tatio and total debe to assets rato for esch yeac (Do not round intermediate calculations. Aound the final answers to 1 decinual plsees.)