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

 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 Balance sheet ($ million) ($ million) Sales 580 Current assets 264 Debt 396 Costs 464 Fixed assets 1,056 Equity 924 Net income 116 Total assets 1,320 Total 1,320 Sales, assets and costs are expected to grow by 25% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant. Part 1 1 BAttempt 1/10 for 10 pts. What is the external financing needed (EFN) for next year (in $ million)? b+ decimals Submit

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