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Global Corp. expects sales to grow by 9% 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 5 million. (Round to two decimal places.) Data Table -X Current Income Statement ($ million) Net Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Income (expense) 1862 174.5 11.7 - 1.2 10.5 -7.7 Current Balance Sheet($ million) Assets Cash Accounts Receivable Inventories Total Current Assets Net Property, Plant, and Equipment Total Assets 22.8 17.7 15.7 56.2 112.1 168.3 Pre-tax Income Taxes Net Income 2.8 -0.7 2.1 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 33.8 113.3 147.1 21.2 168.3 Print Done Pro Forma Financial Statements Income Statement ($ million) Sales Costs Except Depreciation EBITDA Depreciation and Amortization EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income 202.96 - 190.21 12.75 -1.31 11.44 - 7.7 3.74 -0.97 2.77 Balance Sheet ($ million) Assets Cash Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets 24.85 19.29 17.11 61.25 122.19 183.44 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 36.84 124.01 160.85 22.59 183.44

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