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Haier Inc. sells low-cost items online. Its whole-year 2022 income statement and 2022 end-of-year balance sheet are given below: In 2023, sales, costs and total

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Haier Inc. sells low-cost items online. Its whole-year 2022 income statement and 2022 end-of-year balance sheet are given below: In 2023, sales, costs and total assets are expected to grow by 40%, while debt will stay constant. The company expects to pay out 80% of 2023 net income as dividends. Part 1 Attempt 2/3 for 3.4pt What is the external financing needed (EFN) for year 2023 (in \$ million)

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