The firm has an aftertax profit margin of $3$ percent and a dividend payout ratio of $30$ percent.

a$.$ If sales grow by $10$ percent next year, determine how many dollars of new funds are needed to finance the expansion. $($Do not found intermediate calculations. Enter the answer in millions. Round the final answer to $3$ decimal places.$)$

The firm needs $ million in external funds.

b$.$ Prepare a pro forma balance sheet with any financing adjustment made to long$-$term debt. $($Do not round intermediate calculations. Input all answers as positive values. Be sure to list the assets and liabilities in order of their liquidity. Enter the answers in millions. Round the final answers to $2$ decimal places.$)$

c$.$ Calculate the current ratio and total debt to assets ratio for each year. $($Do not round intermediate calculations. Round the final answers to $1$ decimal places.$)$