Maggies Muffins, Inc. generated $5,000,000 in sales during 2013, Finance Homework Help

I need help with two questions please. All work needs to be shown. 12-4) Maggies Muffins, Inc.generated $5,000,000 in sales during 2013, and its year-end total assets were$2,500,000. In addition, at year-end2013, current liabilities were $1,000,000 consisting of $300,000 of notespayable, $500,000 of accounts payable, and $200,000 of accruals. Looking ahead to 2014, the companyestimates that its assets must increase at the same rate as sales, itsspontaneous liabilities will increase at the same rate as sales, its profitmargin will be 7%, and its payout ratio will be 80%. How large a sales increase can the companyachieves without having to raise funds externally- that is, what is itsself-supporting growth rate? 12-6) The BoothCompanys sales are forecasted to double from $1000 in 2013 to $2000 in2014. Here is the December 31, 2013,balance sheet: Cash $100Accounts payable $ 50Accounts receivable 200 Notes payable 150Inventories 200 Accruals 50Net fixed assets 500 Long-term debt 400 Common stock 100Retained earnings250Total assets $1000Total liabilities and equity $1000Booths fixed assets were used toonly 50% of capacity during 2013, but its current assets were at their properlevels in relation to sales. All assetsexcept fixed assets must increase at the same rate as sales, and fixed assetswould also have to increase the same rate if the current excess capacity didnot exist. Booths after-tax profitmargin is forecasted to be 5% and its payout ratio to be 60%. What is Booths additional funds needed (AFN)for the coming year?