Question: Problem 5 Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($

Problem 5 Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 710 Costs 568 Net income 142 Balance sheet ($ million) Current assets Fixed assets Total assets 236 944 1,180 Debt Equity Total 354 826 1,180 Sales, assets and costs are expected to grow by 18% next year. The company is expected to pay NO dividend next year, and wants 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)? No decimals Previous answers: 6.6 Submit
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