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I need 2 and 3 answered. I have answered 1 and attached. Please only answers you can copy and paste please! Broussard is already at

I need 2 and 3 answered. I have answered 1 and attached. Please only answers you can copy and paste please!
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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, consisting of $450,000 of accounts payable, S500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. 12-2). AFN Equation Refer to Problem 12-1. What would be the additional funds needed if the company's year-end 2016 assets had been S7 million Assume that all other numbers, including sales, are the same as in Problem 12-1 and that the company is operating at full capacity. Why is this AFN different from the one you found in Problem 12-1? Is the company's "capital intensity" ratio the same or different? 12-3). AFN Equation Refer to Problem 12-1. Return to the assumption that the company had $5 million in assets at the end of 2016, but now assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Why is this AFN different from the one you found in Problem 12-1

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