Global Corp. expects sales to grow by 8 % 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.

Question: The amount of net new financing needed for Global is ?$??? million.?

Pro Forma Financial Statements Income statement (5 million) Balance Sheet (S million) Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income 200 .56 188.36 12.2 - 1.3 10.9 -7.7 3.2 -O.83 2.37 Assets Cash Aocounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Equity Accounts Payable 25.16 18.58 16.96 60.7 121.07 181.77 35.32 vf'l