Question: Excel Online Structured Activity: Sales increase Maggie's Muffins, Inci, generated $2,000,000 in sales during 2015, and its year-end total assets were $1,100,000, Also, at year-end

Excel Online Structured Activity: Sales increase Maggie's Muffins, Inci, generated \$2,000,000 in sales during 2015, and its year-end total assets were $1,100,000, Also, at year-end 2015, current liabilitins were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payabie, and $200,000 of accruals. Looking 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 sales, its proft margin will be 6%, 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. How large a sales increase can the company achieve witheut haying to raise funds externally; that is, what is its self-supporting growth rate? Do not round intermediate calculations. Round your answers to the nearest whole number: Saies can increase by 5 that is by
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