Question: question previously posted and answered wrong. please post the right answer. let me know if this one is better Expert Q&A Done Intro Part 1
let me know if this one is better Expert Q&A Done Intro Part 1 Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income Balance sheet statement (S million) ($ million) Current Sales 630 262 Debt 393 assets Costs 504 Fixed assets 1,048 Equity 917 Net 126 Total assets 1,310 Total 1,310 income Sales, assets and costs are expected to grow by 16% next year. The company is expected to pay out 20% of net income in the form of dividends and to keep its debt-equity ratio constant. What is the external financing needed (EFN) for next year (in $ million)? Intro Del Computer ses computers and related revisits most recent income statement and balance sheet regen bei Income statement Balance sheet million Sales Curent 2 Deel 20 Costs reed at 1.04 Equy Net income Tot 1310 1310 as we come we expected to grow by next year. The company expected to pay out of net income in the form of viders and top to con Part 1 IBA What is the external francing needed for next year in 5 million 44040.5. Sube 630 Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income Balance sheet statement ($ million) ($ million) Current Sales 262 Debt 393 assets Costs 504 Fixed assets 1,048 Equity 917 Net 126 Total assets 1,310 Total 1,310 income Sales, assets and costs are expected to grow by 16% next year. The company is expected to pay out 20% of net income in the form of dividends and to keep its debt-equity ratio constant. What is the external financing needed (EFN) for next year (in $ million)
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