Question 9 (10 Marks) Dyson Manufacturing forecasts its sales next year to be $20 million and current sales are at $ 15 million., based on current assets of $7 million and fixed assets of $8 million. The firm's net profit margin is 5% after taxes. Dyson Manufacturing forecasts that current assets will rise in direct proportion to the increase in sales but that fixed assets will increase by only $150,000. Currently, Dyson has $1.5 million in accounts payable (which vary directly with sales), $7million in long-term debt (due in 10 years), and common equity (including $4 million in retained earnings) totaling $6.5 million. Dyson plans to pay $600,000 in common stock dividends next year. a. What are Dyson's financing needs for the coming year? (5 marks) b. Given the firm's projections and dividend payment plans, what are its discretionary financing needs