Holcomb and Cromworthy are forecasting a 10% increasein sales next year.Assume the company is operating at 90% capacity. The company has 100,000 shares of common stock outstanding and dividends are $0.22 per share.

At 90% capacity what level will sales have to reach for the discretionary items to become spontaneous that is move in direct proportion to sales? [ Select ] ["$4,235,000", "$3,975,000", "$4,277,777"]

Compute the new level of net income for the company [ Select ] ["$80,220", "$85,880", "$56,935"] .

Compute the company's additional retained earnings for the year [ Select ] ["$55,360", "$58,220", "$61,420"]

Compute the new level of total assets required [ Select ] ["$1,779,800", "$1,272,680", "$1,815,880"]

Calculate the new level of current liabilities [ Select ] ["$571,720", "$502,358", "$568,357"]

Compute the company's new level of retained earnings on the balance sheet [ Select ] ["$277,666", "$284,208", "$224,600"]

Calculate the level of Additional Funds Needed (AFN) to support the increase in sales. [ Select ] ["$42,460", "$37,354", "$39,260"]