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Broussard Skateboard's sales are expected to increase by 20%from $8.0 million in 2018 to $9.60 million in 2019. Its assetstotaled $5 million at the end of 2018.Broussard is already at full capacity, so its assets must grow atthe same rate as projected sales. At the end of 2018, currentliabilities were $1.4 million, consisting of $450,000 of accountspayable, $500,000 of notes payable, and $450,000 of accruals. Theafter-tax profit margin is forecasted to be 3%, and the forecastedpayout ratio is 60%. What would be the additional funds needed? Donot round intermediate calculations. Round your answer to thenearest dollar.$Assume that the company's year-end 2018 assets had been $6million. Is the company's "capital intensity" ratio the same ordifferent?The capital intensity ratio is measured as A0*/S0. Broussard'scurrent capital intensity ratio is .......... that of the firm with$6 million year-end 2018 assets; therefore, Broussardis............... capital intensive - it wouldrequire............... increase in total assets to support theincrease in sales.