what is the new funds ?

Owen's Electronics has nine operating plants in seven southwestern states. Sales for last year were $100 million, and the balance sheet at year-end is similar in percentage of sales to that of previous years (and this will continue in the future). All assets (including fixed assets) and current liabilities will vary directly with sales. The fim is working at full capacity Balance Sheet (in S millions) Assets Liabilities and Stockholders' Equity $ 25 12 18 $ 55 20 25 25 125 Cash Accounts receivable Inventory $ 12 Accounts payable 30 Accrued wages 33 Accrued taxes Current assets Fixed assets Current liabilities 50 Notes payable Common stock Retained earnings Total liabilities and stockholders' equity $ 125 Total assets Owen's has an aftertax profit margin of 10 percent and a dividend payout ratio of 40 percent If sales grow by 25 percent next year, determine how many dollars of new funds are needed to finance the growth. (Do not round intermediate calculations. Enter your answer in dollars, not millions, (e.g., $1,234,567).) New funds S 436,000,000