Hi, I need help with my assignment please

1. Tobin Supplies Company expects sales next year to be $450,000. Inventory and accounts receivable will increase $90,000 to accommodate this sales level. The company has a steady profit margin of 10 percent with a 2t5 percent dividend payout. How much external financing will Tobin Supplies Company have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing. Boatler Used Cadillac Co. requires $880,000 in financing over the next two years. The firm can borrow the funds for two years at 10 percent interest per year. Mr. Boatler decides to do forecasting and predicts that if he utilizes short-term financing instead, he will pay 6.75 percent interest in the first year and 11.55 percent interest in the second year. Assume interest is paid in full at the end of each 2