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please show all work. thank you! Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given

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Intro Dell Computers sells computers and related electronics online. Its most recent income statement and balance sheet are given below: Income statement ($ million) Sales 650 Costs 520 Net income 130 Balance sheet ($ million) Current assets Fixed assets Total assets Debt 238 952 1,190 Equity Total 357 833 1,190 Sales, assets and costs are expected to grow by 28% next year. The company is expected to pay out 50% of net income in the form of dividends and to keep its debt-equity ratio constant. Part 1 IB Attempt 2/10 for 9 pts. What is the external financing needed (EFN) for next year (in $ million)? 0+ decimals Submit Intro Your company's most recent income statement and balance sheet are given below: Income statement ($ million) Sales 17 Balance sheet ($ million) Current assets 10.8 Fixed assets 43.2 Total assets 54 Costs Net income 13.6 3.4 Debt 16.2 Equity 37.8 Total 54 Sales, assets and costs are expected to grow by the same rate next year, while debt will stay constant. The company expects to pay out 40% of net income as dividends. Part 1 IB Attempt 1/10 for 10 pts. What is the particular growth rate for the next year, at which company will need zero external financing (EFN=0)? What is the internal growth rate? 4+ decimals Submit

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