Time left CLO 2: When using the economic order quantity model O a carrying costs decrease as the level of inventory increases O b. None of the options are true Ocordering costs increase as the level of inventory increases Od costs are minimized when total carrying costs and total ordering costs are equal 1 CLO 2: Lilys Antique's company expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6 percent. Its dividend payout is 30 percent of profit. How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing No external financing will be needed b More than $5,000,000 of external financing is needed Less than $1,000,000 of external financing is needed Od Between $1,000,000 and $5,000,000 of external financing is needed