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Consider the following income statement for the Heir Jordan Corporation: Calculate EFN and explain what management can do to balance the balance sheet. Assume the

image text in transcribed Consider the following income statement for the Heir Jordan Corporation: Calculate EFN and explain what management can do to balance the balance sheet. Assume the firm is operating at full capacity and sales will increase by 10%. There is no new external debt or equity financing, and the company keeps a constant pay-out ratio. The balance sheet for the Heir Jordan Corporation follows

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