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S Worthy Inc. is beginning financial planning for 2022. In 2021, sales were $485,000 and interest expenses were $59,000. The firm expects that sales will

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S Worthy Inc. is beginning financial planning for 2022. In 2021, sales were $485,000 and interest expenses were $59,000. The firm expects that sales will grow by 5.50% in the upcoming year, total costs (including depreciation) are estimated to be 85% of sales, the tax rate is 21%, and they plan to payout 40% of net income. The firm does not anticipate any change in interest expenses. Based on these assumptions, what will be the addition to retained earnings for 2022? O $5,379 $8.414 $12.162 $11.788 $4.263 > Question 14 9 pts Cleon's, has sales of $47.000, current assets of $5,100, current liabilities of $6,200, net fixed assets of $51.500, and a profit margin of 4. percent. The firm has no long-term debt and does not plan on acquiring any, therefore, there are no interest expenses. The firm does not pay taxes nor pay any dividends Sales are expected to increase by 5 percent next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year? The answer will be negative if the firm will generate excess cash $1.039.50 -590850 $546,00 $250.20 -317.25 MacBook Air

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