he firm's marketing staff has told the president that in the coming year there will be a large increase in the demand for overcoats and ool slacks. A sales increase of 10 percent is forecast for the company. balance sheet items are expected to maintain the same percent-of-sales relationships as last year," except for common stock and etained earnings. No change is scheduled in the number of common stock shares outstanding, and retained earnings will change as lictated by the profits and dividend policy of the firm. (Remember, the net profit margin is 7 percent.) This includes fixed assets, since the firm is at full capacity. Will external financing be required for the company during the coming year? No Yes 2. What would be the need for external financing if the net profit margin went up to 8.50 percent and the dividend payout ratio was increased to 60 percent? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g.. $1,234,567 ). Input your answer as positive a value