NMe abselia

The firm's marketing staff has told the president that in the coming year there will be a large increase in the demand for overcoats and wool slacks. A sales increase of $10$ percent is forecast for the company

All balance sheet items are expected to maintain the same percent$-$of$-$sales relationships as last year." except for common stock and retained earnings. No change is scheduled in the number of common stock shares outstanding, and retained earnings will change as dictated by the profits and dividend policy of the firm. $($Remember$,$ the net profit margin is $B$ percent.$)$

'This includes fored assets, since the firm is at full capacity.

a$.$ Woil extemal financing be required for the company during the coming year?

No

Yes

b$.$ What would be the need for extemain financing if the net profit margin went up to $900$ percent and the dividend peyout ratio was increased to $60$ percent?

Note: Negative amount should be inflicated by a minus sign. Do not round intermediate caviculations. Enter your hrvpuer in dollars, not milfiens. $($e$.$g$.,$ $$1,234,567.$ Input your snswer as posithe a value.