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Intro Wish Inc. sells low-cost items online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 19 Costs

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Intro Wish Inc. sells low-cost items online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 19 Costs 15.2 Net income 3.8 Balance sheet ($ million) Current assets Debt 21.3 14.2 56.8 49.7 Fixed assets Total assets Equity Total 71 71 Sales, assets and costs are expected to grow by 31% next year, while debt will stay constant. The company expects to pay out 60% of net income as dividends. IB Attempt 1/10 for 10 pts. Part 1 What is the external financing needed (EFN) for next year (in $ million)? H + decimals Submit Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 710 Costs 568 Net income 142 Balance sheet ($ million) Current assets 244 Fixed assets 976 Total assets 1,220 Debt Equity Total 366 854 1,220 Sales, assets and costs are expected to grow by 17% next year. The company is expected to pay NO dividend next year, and wants to keep its debt-equity ratio constant. IB Attempt 1/10 for 10 pts. Part 1 What is the external financing needed (EFN) for next year (in $ million)? 0+ decimals Submit

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