24. Global Corp. expects sales to grow by 9 % next year. Assume that Global pays out 50 % of its net income. Global developed the pro forma financial statements given below. What is the amount of net new financing needed for Global? If the new financing must all be in the form of long-term debt, what is the forecast amount of new long-term debt? Global's current statements are in the following data table. Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet.

The amount of net new financing needed for Global is $_________ Million?

Current Income Statement (s million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest income (expense) Pre-tax Income Taxes Net Income 185.5 174.8 10.7 9.4 7.7 1.7 0.44 1.3 Current Balance Sheet million) Assets Cash Accounts Receivable Inventories Total Current Assets Net Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 22.3 17.7 15.8 55.8 113.5 169.3 33.1 113.8 146.9 22.4 169.3