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 following icon for the pro forma income statement in order to copy its contents into a spreadsheet Click on the following icon for the pro forma balance sheet in order to copy its contents into a spreadsheet Pro Forma Financial Statements Income Statement (5 million) Balance Sheet (5 million) Sales 203.39 Assets Costs Except Depreciation - 191.62 26.05 EBITDA 1177 Accounts Receivable 18.86 The amount of net new financing needed for Global is million, (Round to two decimal places.) ent Si $ Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check Ans Desktop 127 AM 7/21 Pro Forma Financial Statements Income Statement (5 million) Balance Sheet($ million) Sales 203.39 Assets Costs Except Depreciation - 191.62 Cash EBITDA 11.77 Accounts Receivable Depreciation and Amortization -1.42 Inventories EBIT 10.35 Total Current Assets Interest Expense (net) -1.9 Property, Plant, and Equipment Pre-lax Income 8.45 Total Assets si Income Tax -2.11 Net Income 634 Liabilities and Equity Accounts Payable Long Term Dat rent The amount of net new financing needed for Globalis $ milion (Round to two decimal places) 26.04 18.80 16 68 61.59 123 28 184.87 3859 12141 S1 $1 Enter your answer in the answer box and then click Check Answer All parts showing Clear Al Chock Answer Desktop 1:28 AM 7/22 - 1.42 10.35 - 1.9 8.45 -2.11 6.34 Inventories Total Current Assets Property, Plant, and Equipment Total Assets 61.59 123.28 184.87 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 38.59 121.41 160.00 24.87 184.87 Global is $ million. (Round to two decimal places.) and then click Check Answer. Check Answer Clear All do 1:28 AM 7/29/2020 Desktop