Question: (B) Based on the following information, how much does the company need in external funds for the upcoming fiscal year? The company has Sales $

(B) Based on the following information, how much does the company need in external funds for the upcoming fiscal year?

The company has Sales $ 5,700, Costs 4,200, Current assets 3,900, Fixed assets 8,100, Current liabilities 2,200, Long-term debt 3,750, and Equity 6,050. Sales increase 15% for the upcoming fiscal year. Payout ratio is 40% and Tax rate is 34%.

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