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Answer is complete but not entirely correct. Answer is not complete. What is the EFN? Note: Do not round intermediate calculations and round your answer

Answer is complete but not entirely correct.
Answer is not complete.
What is the EFN?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32. A negative answer
should be indicated by a minus sign.The most recent financial statements for Crosby, Incorporated, follow. Sales for 2024 are projected to grow by 30 percent. Interest
expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current
assets, and accounts payable increase spontaneously with sales.
In 2023, the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company.
Assume that fixed assets are sold so that the company has a 100 percent asset utilization.
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.
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