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35) You are the CFO of Detroit City Spirits and your sales department has targeted sales growth of 14%. Based on that, please prepare a

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35) You are the CFO of Detroit City Spirits and your sales department has targeted sales growth of 14%. Based on that, please prepare a proforma Balance Sheet and income statement and determine the external funds needed to achieve that projected growth. Also calculate the sustainable growth rate based on the external funds needed. The current years financial statements are provided below. (12pt)

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