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an you help me solve this problem break it down in the simpest form so i can understand it. Consider the following Income statement for
an you help me solve this problem break it down in the simpest form so i can understand it.
Consider the following Income statement for the Helr Jordan Corporation: The balance sheet for the Helr Jordan Corporation follows. Prepare a pro forma balance sheet, assuming an Increase in sales of 12 percent, no new external debt or equlty financing. and a constant payout ratio. (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 3216.) Calculate the EFN. (A negatlve answer should be indicated by a minus sign. Do not round intermedlate calculations and round your answer to 2 decimal places, e.g.. 32.16.) A Answer is complete but not entirely correctStep by Step Solution
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