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 recent income statement and balance sheet are given below: Income statement ($ million) Sales 700 Balance sheet ($ million) Current assets 270 Debt 405 Costs 560 Fixed assets 945 1,080 1,350 Equity Total Net income 140 Total assets 1,350 Sales, assets and costs are expected to grow by 33% next year. The company is expected to pay out 30% of net income in the form of dividends and to keep its debt-equity ratio constant. IB | Attempt 1/10 for 10 pts. Part 1 What is the external financing needed (EFN) for next year (in $ million)? + decimals Submit
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