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

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

Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 630 Costs 504 Net income 126 Balance sheet ($ million) Current assets 250 Fixed assets 1,000 Total assets 1,250 Debt Equity Total 375 875 1,250 Sales, assets and costs are expected to grow by 13% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant Part 1 IB Attempt 1/10 for 10 pts. What is the external financing needed (EFN) for next year (in $ million)? No decimals Submit

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