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


Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Balance sheet ($ million) Sales 690 Current assets 258 Debt 387 Costs 552 Fixed assets 1,032 Equity 903 Net 138 Total assets 1,290 Total 1,290 income Sales, assets and costs are expected to grow by 15% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant. Part 1 18 - Attempt 1/10 for 10 pts. What is the external financing needed (EFN) for next year (in $ million)? 0+ decimals Submit Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Balance sheet ($ million) Sales 690 Current assets 258 Debt 387 Costs 552 Fixed assets 1,032 Equity 903 Net 138 Total assets 1,290 Total 1,290 income Sales, assets and costs are expected to grow by 15% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant. Part 1 18 - Attempt 1/10 for 10 pts. What is the external financing needed (EFN) for next year (in $ million)? 0+ decimals Submit
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