Problem 18-11 Question Help o Global developed the pro forma financial statements given below. Assume that Global Corp expects sales to grow by 9% next year, pays out 60% of its net income, and needs $114 million of net new financing. If Global decides that it will limit its not new financing to no more than $10.7 million, how will this affect its payout policy? Click the icon to view Global's financial statements If Global limits new financing to only $10.7 million, then it would need to Vits payout to shareholders by $million to make up the difference on its balance shoot. (Round to one decimal place.) Enter your answer in the answer box and then click Check Answer Clear All Check Answer 8 of 15 (3 complete) HW SC financial statel s net new finan eds $11.4 mill Data Table - X al's financial st only $10.7 mill Income Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (not) Pro-tax Income Income Tax Net Income 185.0 - 174.6 10.4 - 1.3 9.1 - 7.7 1.4 -0.4 1.0 Balance Sheet($ million) Assots Cash Accounts Receivable Inventories Total Current Assets Net Property, Plant, and Equipment Total Assets 23.5 17.7 16.0 57.2 111.9 169.1 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilitios Total Stockholders' Equity Total Liabilitios and Equity 33.5 114.1 147.6 21.5 169.1 Print Done nswer box and the