Given the most recent financial statements for Activision Blizzard (FY2023). Sales for FY2024 are expected to grow by 5 percent. The following assumption must hold in the pro forma financial statements. The tax rate (percentage), the interest expense, and the dividend payout ratio (percentage) will remain constant. COGS, SGA, Depreciation and amortization, all current asset accounts, licensed content, NET PPE, and other assets increase spontaneously with sales. Calculate the external financing needed for the firm if the firm operates at full capacity and no new debt or equity is issued.

IncomeStatementSalesCOGSSGADepreciationandAmortEBITInterestExpenseEBTTaxesNetincomeRetainedEarnDividendsPricepershareShareOutstandingBr20237,528364321091061,670741,5962311,365998367$80.32786FY2023CashMarketablesecuritiesAccountsRec.InventoriesOtherCurrentAssetsTotalCurrentAssetsLicensedcontentNetPPEOtherassetsTotalAssetsAccountsPayableDeferredrevenueOtherCurrentLiabilitiesTotalCurrentLiabilitiesTotalLiabilitiesCommonstock70604932120464063314469641193120802738332420881143355545858140