e 5%, and its payout ratio will be 65%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Dpen spreadsheet Sales can increase by $ Retention rate \begin{tabular}{l|l|l|l|l} B & C & D & E & F \\ \hline 35.00% & & & \end{tabular} \begin{tabular}{l|l} \hline & Assets \\ \hline & Accounts payable \\ \hline & Accruals \\ \hline & Notes payable \\ \hline Current liabilities \\ \hline & AFN: \\ \hline Required \% increase in assets \\ \hline \% increase in spontaneous liabilities \\ \hline New level of sales \\ \hline Dollar change in sales \\ \hline% change in sales \\ \hline \end{tabular}