Problem 18-10 Question Help Global Corp. expects sales to grow by 6% next year. Assume that Global pays out 50% of its net income. Global developed the pro forma financial statements given below. What is the amount of net new financing needed for Global? Global's current statements are in the following data table ! Click the icon to view Global's pro forma financial statements The amount of net new financing needed for Global is million (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer 7 of 15 (3 complete) e that Global pays out 50% of its net income. Global developed the pro forma financial statements given below. What is the amount of net new ements 0 Data Table - million. Current Income Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) 185.6 - 175.3 10.3 -12 9.1 -7.7 Current Balance Sheet ($ million) Assets Cash Accounts Receivable Inventorios Total Current Assets Net Property, Plant, and Equipment Total Assets 23.8 18.8 15.9 58.5 113.1 171.6 Pre-tax Income Taxes Net Income 1.4 -0.4 1.0 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 37.8 112.2 150.0 21.6 171.6 Print Done Check Answer. Clear All 7 of 15 (3 complete) Global pays out 50% of its net income. Global developed the pro forma financial statements given below. What is the amount of net new 5. Data Table n. Pro Forma Financial Statements Income Statement ($ million) Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (net) Pre-tax Incomo Income Tax Net Income e Balance Sheet($ million) 196.74 Assets - 185.82 Cash 10.92 Accounts Receivable - 1.27 Inventories 9.65 Total Current Assets -7.7 Property, Plant, and Equipment 1.95 Total Assets -0.51 1.44 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 25.23 19.93 16.85 62.01 119.89 181.9 40.07 119.51 159.58 22 32 181.90 Print Done neck Answer. Clear All