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 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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