note I don't want that answer to be on the handwriting.

(Financial forecasting-percent of sales) Next year's sales for Cumberland Mig are expected to be $17.25 million Current sales aro 15 million based on current assets of $5.00 million and food assets of 57 50 milion. The firm's net profit margin is 3 percent after taxes Cumberland estimates that is current assets will rise in direct proportion to the increase in sales but that its fored assets will increase by only $200,000 Currently Cumberland has 150 million in accounts payable (which vary directly with sales), S2 million in long-term deb (doo in 10 years and common equity including $2 million in retained earnings) totaling $900 millon Cumberland plans to pay $0.17 million in common stock dividends next your a. What are Cumberland's total financing needs (that is total assets) for the coming year? b. Given the firm's projections and dividend payment plans what are its discretionary financing needs? L. Based on your projections and assuming that the $200 000 expansion in fixed assets will occur what is the targest increase in sales the firm can support without having to resort to the use of discretionary sources of financing? What are Cumberland's total financing needs (tahtis total assets) for the coming year? million Round in two decimal places Rincial forecasting-percent of sales) Next year's sales for Cumberland Migare expected to be $17.25 milion Current Sales are $15 milion based on current assets of 5500 million and forced assets of 57 50 millionThe first profit marginis 3 percent after taxes Cumberland estimates that its current assets will rise in direct proportion to the increase in sales, but that is foedsses will increase by only $200.000 Currently, Cumberiand has 5150 milion in accounts payable (which vaty directly with sales), 52 million in long term debit de in 10 years, and common equity (including $2 million in retained earrings) totaling $900 million Cumberland plans to pay 50 17 million in common stock dividends next year 2. Ware Cumberland's total financing needs (that is, total assets) for the coming year? D. Given the respections and dividend payment plans what its discretionary financing needs? C. Based on your projection, and assuming that the $200.000 expresion in the sets will occur, what is the largest increase in sales the firm can support wthout having to resort to the use of discretionary sources of tracing? What we cantorands to wong teeds (tant is total dissets) for the coming year? mon Round to two decimal places) (incorecasto-percent of Next year's sales for Comberland Migre expected to be 517 25 million Current sales are 515 million based on current assets of 55 00 million and to ed assets of S750 million. The im's not profit margin is 3 percent after taxe Cumberland estimates that its current assets will rise in direct proportion to the crease in sales but that is fixed assets will increase by only $200,000. Currently, Cumberland has 5150 million in accounts payable (which vary directly with sales), 52 million in long term detto in 10 years, and common equity including $2 million in retained aming) totaling $0.00 milion Cumberland plans to pay $0 17 million in Common stock dividends next year What we Cumberland's total financing needs (that, total assets) for the coming year? b. Given the time's projections and dividend payment plans, what are its discretionary financing needs? 1. Bmed on your promotions and assuming that the $200.000 expansion in taxed assets wil occur what is the largest increase in sales the tim can support without having to resort to the use of discretionary sources of financing? A. What are Cumberland total financing needs tahtis total assets) for the coming year? million (Round to two decimal place)