2. 2. Pro forma statements and EFN [LO 4.1, 4.2] In Question 1, assume the company pays...
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2. 2.
Pro forma statements and EFN [LO 4.1, 4.2] In Question 1, assume the company pays out half of profit for the year in the form of a cash dividend. Expenses and assets vary with revenue, but debt and equity do not. Prepare the pro forma statements and determine the external financing needed.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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