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Hello! Experts! I am looking for some help with these finance questions thank you so much! 1:08 PM Sun Nov 3 72% Documents Blank 2

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Hello! Experts! I am looking for some help with these finance questions thank you so much!

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1:08 PM Sun Nov 3 72% Documents Blank 2 + . . . eBook Problem 12-04 Sales Increase Maggie's Muffins Bakery generated $2,000,000 in sales during 2016, and its yearsend total assets were $1,200,000. Also, at year-end 2016, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and $200,000 of accruals. Looking ahead to 2017, the company estim s assets must increase at the same rate as sales, its spontaneous liabilities will Increase at the same rate as sales, its profit margin will be 3%, and its payout ratio will be 40%. How large a sales increase can the company achieve without having to raise funds externally-that is, what is its self-supporting growth rate? Do not round intermediate calculations. Round your answers to the nearest whole. Sales can increase by $ , that is by Problem 12-03 AFN Equation Broussard Skateboard's sales are expected to increase by 25% from $8.0 million in 2016 to $10.00 million in 2017. Its assets totaled $3 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, cons ting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%. Assur 10 dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar. x

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