1.Note the following income statement. How much external funding will this firm require?

(If it doesn't require any external funding, enter "0".

2/1/2020

2/2/2019

CONSOLIDATED STATEMENTS OF OPERATIONS ($ in Millions)

Sales

$ 122,286

$ 121,852

Operating expenses

Cost of Goods Sold

95,294

95,103

Operating, general and administrative

21,208

20,786

Rent

884

884

Depreciation and amortization

2,649

2,465

Operating profit

2,251

2,614

Other income (expense)

Interest expense

(603)

(620)

Non-service component of company-sponsored pension plan costs

(26)

Mark to market gain on Ocado securities

157

228

Net earnings before income tax (benefit) expense

1,981

3,978

Income tax (benefit) expense

469

900

Net earnings including noncontrolling interests

1,512

3,078

Net loss attributable to noncontrolling interests

(147)

(32)

Net earnings

$ 1,659

$ 3,110