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Global Corp. expects sales to grow by 7% next year. Assume that Global pays out 50% of its net income. Global developed the pro forma

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Global Corp. expects sales to grow by 7% 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? Global's current statements are in the following data table EE. Click the icon to view Global's pro forma financial statements. The amount of net new financing needed for Global is $ million. (Round to two decimal places.) X Data Table - Current Income Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) 186.6 175.6 11 - 1.2 9.8 -7.7 Current Balance Sheet ($ million) Assets Cash Accounts Receivable Inventories Total Current Assets Net Property, Plant, and Equipment Total Assets 23.3 18.4 15.9 57.6 112.1 169.7 Pre-tax Income Taxes Net Income 2.1 -0.5 1.6 34.4 113.6 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 148.0 21.7 169.7 Print Done TI i Data Table - - 24.93 Pro Forma Financial Statements Income Statement ($ million) Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income 199.66 - 187.89 11.77 - 1.28 Balance Sheet ($ million) Assets Cash Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets 10.49 - 7.7 19.69 17.01 61.63 119.95 181.58 2.79 -0.73 2.06 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 36.81 122.04 158.85 22.73 181.58 Print Done ver box and then click Check

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