Question: Excel Online Structured Activity: Sales Increase Maggie's Muffins, Inc., generated $2,000,000 in sales duning 2015, and its yearend total assets were $1,500,000. Also, at year-end

 Excel Online Structured Activity: Sales Increase Maggie's Muffins, Inc., generated $2,000,000
in sales duning 2015, and its yearend total assets were $1,500,000. Also,

Excel Online Structured Activity: Sales Increase Maggie's Muffins, Inc., generated $2,000,000 in sales duning 2015, and its yearend total assets were $1,500,000. Also, at year-end 2015, eurrent liabilities were $1,000,000, consisting of $300,000 of notes poyable, $500,000 of accounts payable, and $200,000 of aceruals, teoking ahead to 2016 , the company estimates that its assets must increase at the same rate as sales, its spontaneous liabilities will increase at the same rate as ales, its prefit margin will be 4%, and its payout ratio will be 50%. The data has been coliected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to ariwer the question below. How large a sales increase can the company achieve without having to raise funds ixternaly; that is, what is its sedf. intermediate calculations, Round your answers to the nearest whole number. Sales can increase by $ that is by

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