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Consider the following simplified financial statements for the You Corporation (assuming no income taxes); The company has predicted a sales increase of 14 percent. It
Consider the following simplified financial statements for the You Corporation (assuming no income taxes); The company has predicted a sales increase of 14 percent. It has predicted that every item on the balance sheet will increase by 14 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.) What is the plug variable
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