n A company's sales in 2020 were $3.4 million and its total spontaneous assets were $9.3 million. Also in the same year, the firm's spontaneous liabilities consisted of $8.7 million in wages payable, $8.1 million in accounts payable, and $2.3 million in accrued expenses. The firm's profit margin is 3.4% and its dividend payout ratio is 2.2%. The balance sheet at year-end is similar in percentage of sales to that of previous years and this will continue in the future. cion Required: What is the percentage increase in sales that the company must achieve in order to avoid raising funds externally? Note: The term "k" is used to represent thousands (