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Construct Pro forma: Pro forma Income statement with Percent-ofsales method for the end of the next year 2021 and identify any need for financing below
Construct Pro forma: Pro forma Income statement with Percent-ofsales method for the end of the next year 2021 and identify any need for financing below If sales grow 200% next year. How much for retained earning in the end of the next year 2021 - Dividend will remain the same to pay stockholders - Interest will vary with sales for 15% from the last income statement
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