only 15,16,17

Oscar depreciation expense varies directly with sales Sales are projected to increase by 10 percent, and capital expenditures are planned to be $850 in 2018 what would be the appropriate projection for net foxed assets in 2017? $10.950 $8,125 $11.700 $5,595 16 17 points Which one of the following is a source of cash? decrease in long-term debt decrease in accounts receivable decrease in accounts payable Increase in inventory o 17 12 points Assume a constant profit margin and dividend payout ratio, and further assume all of Oscar's assets and current liabilities vary directly with sales. Assumu long term debt and common stock remain unchanged. Sales are projected to increase by 10 percent. What is Oscar's external financing need for next year? $1,320 $410 OOOO $260 $235 10 12 points Please refer to Oscar's financial statements below to answer questions 17 to 21 Oscar's Incredible Eatery ($ thousands) Income Statement for the year ending Dec. 31, 2017 Net sales17,300 Cost of goods sold 10,600 Depreciation3,250 Earnings before interest and taxes3,450 Interest expense680 Earnings before tax2,770 Tax 940 Earnings after tax1,830 Dividends450 Oscar's Incredible Eatery ($ thousands) Balance Sheet as of Dec. 31, 20171,920 Cash350Accounts payable Accounts receivable 940Long-term debt3,500 Inventory2,360Common stock7,500 Total current assets 3,650 Retained earnings 1,580 Net fixed assets10,850 Total assets 14,500 Total liab. & equity 14,500 17. What was Oscar's increase in retained earnings during 2017? O $2,280 $1,830 $1,380 O $450