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 750 Balance sheet ($ million) Current assets 224 Debt 336 Costs 600 Fixed assets 896 784 Equity Total Net income 150 Total assets 1,120 1,120 Sales, assets and costs are expected to grow by 29% next year. The company is expected to pay out 40% of net income in the form of dividends and to keep its debt-equity ratio constant. Part 1 IB Attempt 2/10 for 9 pts. What is the external financing needed (EFN) for next year (in $ million)? 0+ decimals Submit
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