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Haier sells household electronics online. Its 2022 income statement and end of 2022 balance sheet are given below: Sales, costs, and total assets are expected

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Haier sells household electronics online. Its 2022 income statement and end of 2022 balance sheet are given below: Sales, costs, and total assets are expected to grow by 30% in 2023 . The company is expected to pay out 40% of net income as dividends and to keep its debt-equity ratio constant in 2023. Part 1 - Attempt 2/3 for 6.7 pts. What is the external (equity) financing needed (EFN) for year 2023 (in \$ million)

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