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eBook Problem Walk Through AFN Fquation Broussard Skateboard's sales are expected to increase by 15 from $8.0 million in 2018 to 19.20 million in 2010.

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eBook Problem Walk Through AFN Fquation Broussard Skateboard's sales are expected to increase by 15 from $8.0 million in 2018 to 19.20 million in 2010. Its es totaled 13 mot the end of 2018 Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, currenties were $1.4 million consisting of 450.000 of accounts payable $500,000 of notes payable, and $450,000 of accruals. The after tax profit margin is forected to be 3. Aune that the company was no dividends. Under these to what would be the additional funds needed for the coming year? Do not round Intermediate calculations. Round your answer to the nearest do Why is this ATN different from the one when the company Days dividends? 1. Under this scenario the company would have a higher level of retained earrings which would reduce the amount of sational funds needed 11. Under this scenarto the company would have a higher level of retained earnings which would increase the amount of additional funds need III. Under this scenario the company would have a Nigher level of retained earnings but this would have no effect on the amount at aditional funds needed IV. Under this scenario the company would have a lower level of retained earnings which would reduce the amount of additional funds needed V. Under this scenario the company would have a lower level of retained earnings but this would have no effect on the amount of additional funds needed. .62 Omo

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