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GlobalSale sells electronics online. Its most recent income statement and balance sheet are given below: Next year, 1) sales, assets and costs are expected to
GlobalSale sells electronics online. Its most recent income statement and balance sheet are given below: Next year, 1) sales, assets and costs are expected to grow by 40%;2)40% dividend payout ratio is expected; 3) debt-equity ratio is expected unchanged. Part 1 A Attempt 4/10 for 5 pts. What is the external financing needed (EFN) for next year (in \$ million)
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