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Self-Supporting Growth Rate Magge's Mulfins Bakery generited 54 mullion in sales during 2021, and its year-end operating assets here $2 mullion, Also, at vear-end 2021

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Self-Supporting Growth Rate Magge's Mulfins Bakery generited 54 mullion in sales during 2021, and its year-end operating assets here $2 mullion, Also, at vear-end 2021 , ourrant liabilies were $1 milion, consisting of $300,000 of notes poyable, $500,000 of accounts payable, and $200,000 of accnuals. Looking ahead to 2022 , the company estimates that is operating assets must incresse at the same rate as sales, its spontaneous fiabilitios will increase at the same rate as sales, its profit mergin will be 6\%, and its payout ratio will be 50\%. How large a sales increase can the compary achieve without having to raise funds eaternally-that is, what is its self-aupporting orimath rafe? Da not reund intermediate calculations. Enter your answer for salea incresen in dollarsi for example, an answer of 12 milton should be enteref as 2,000,000. Round the monetary vake to the nearest dollar and percentage value to one decimal place. Sales can increase by s , that is by

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