Question: Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Sales, assets and costs are expected

Dell Computers sells computers and related electronics online. Its most recent

Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Sales, assets and costs are expected to grow by 27% next year. The company is expected to pay out 70% of net income in the form of dividends and to keep its debt-equity ratio constant. What is the external financing needed (EFN) for next year (in \$ million)

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