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 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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