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BestGive sells low-cost items online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 24 Costs 19.2 Net

BestGive sells low-cost items online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 24 Costs 19.2 Net income 4.8 Balance sheet ($ million) 1+ decimals Current assets 16.6 66.4 83 Total Fixed assets Total assets Next year, 1) sales, assets and costs are expected to grow by 35%; 2) NO dividend is expected to be paid; 3) debt balance is expected unchanged. Submit Debt 24.9 Equity 58.1 83 Part 1 What is the external financing needed (EFN) for next year (in $ million)? Attempt 1/10 for 10 pts.
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BestGive sells low-cost items online. Its most recent income statement and balance sheet are given below: Next year, 1) sales, assets and costs are expected to grow by 35%;2 ) NO dividend is expected to be paid; 3 ) debt balance is expected unchanged. Part 1 1 A Attempt 1/10 for 10 , What is the external financing needed (EFN) for next year (in \$ million)

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