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Feb Mar Jan 40,000 A company's sales in 2019 were $4 million and its total spontaneous assets were $3.2 million. Also in the same year, the firm's spontaneous liabilities consisted of $200,000 in wages payable, $200,000 in accounts payable, and $100,000 in accrued expenses. The firm's profit margin is 3% and its dividend payout ratio is 50%. The balance sheet at year-end is similar in percentage of sales to that of previous years and this will continue in the future. Production (units) 52,000 52,300 41,200 56,650 April sales are expected to be 71,500 units. The firm has 4,000 units on hand at the beginning of Jan and wishes to maintain 10% of the next month's unit sales in storage at the end of each month. Required: What is the percentage increase in sales that the company must achieve in order to avoid raising funds exterally? Required: Calculate the expected unit sales for Mar units INPUT YOUR ANSWER AS A PERCENT ROUNDED TO 2 DECIMAL PLACES FOR EXAMPLE: 28.41 INPUT YOUR ANSWER AS A WHOLE NUMBER (NO ROUNDING REQUIRED) hlight Rotate Markup Jan Feb Mar A company's sales in 2019 were 54 million and its total spontaneous assets were $3.2 million. Also in the same year, the firm's spontaneous liabilities consisted of $200,000 in wages payable, $200,000 in accounts payable, and $100,000 in accrued expenses. The firm's profit margin is 3% and its dividend payout ratio is 50%. The balance sheet at year-end is similar in percentage of sales to that of previous years and this will continue in the future. Sales (units) Production (units) 40,000 41,200 52,000 52,300 56,650 April sales are expected to be 71.500 units. The firm has 4,000 units on hand at the beginning of Jan and wishes to maintai 10% of the next month's unit sales in storage at the end of each month. Required: What is the percentage increase in sales that the company must achieve in order to avoid taising funds externally? Required: Calculate the expected unit sates for Mar. INPUT YOUR ANSWER AS A PERCENT ROUNDED TO 2 DECIMAL PLACES FOR EXAMPLE 28.41% INPUT YOUR ANSWER AS A WHOLE NUMBER (NO ROUNDING REQUIRED

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