Question: Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) 710

Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) 710 Costs 568 Net income 142 Sales Balance sheet ($ million) Current assets Fixed assets Total assets 236 Debt 944 Equity 1,180Total 354 826 1,180 Sales, assets and costs are expected to grow by 18% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant. Part 1 B Attempt 4/10 for 7 pts. What is the external financing needed (EFN) for next year (in $ million)? No decimals Submit
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