Question: Marable Comics Group Balance Sheet for the Years Ending 2014 and 2015($ in millions)Accounts payableAccounts receivableNotes payableCurrent liabilitiesCurrent assetsLong-term debtCommon stockRetained earningsTotal liab. & equityMarble

Marable Comics Group Balance Sheet for the Years Ending 2014 and 2015(\$ in millions)Accounts payableAccounts receivableNotes payableCurrent liabilitiesCurrent assetsLong-term debtCommon stockRetained earningsTotal liab. \& equityMarble Comics Group 2015 Income Statement (\$ in millions)Earnings before interest and taxes Assume Marble is projecting a 20\% increase in sales for the coming year, and that assets, all costs, and current liabilities are proportional to sales. Long-term debt is not proportional to sales. Assume the firm's tax rate remains unchanged and the dividend payout is $40\%$. What is the external financing needed (EFN) for 2018(\$ in millions)?

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