The constraint for the South Asia demand region is:

A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price

A) design B) nondurable C) durable D) ingredient E) luxury

Lindsey Insurance Co has current sales of $10 million and predicts next year's sales will grow to $14 million

Current assets are $3 million and fixed assets are $4 million. The firm's net profit margin is 7 percent after taxes. Presently, Lindsey has $900,000 in accounts payable, $1.1 million in long-term debt, and $5 million (including $2.5 million in retained earnings) in common equity. Next year, Lindsey projects that current assets will rise in direct proportion to the forecasted sales, and that fixed assets will rise by $500,000. Lindsey also plans to pay dividends of $400,000 to common shareholders. a. What are Lindsey's total financing needs for the upcoming year? b. Given the above information, what are Lindsey's discretionary financing needs?