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Crum Co's balance sheet and income statement for 2 0 0 7 are given below. The firm expects sales to grow by 5 0 %

Crum Co's balance sheet and income statement
for 2007 are given below. The firm expects sales to grow by 50% in 2008. All assets, operating costs, and spontaneous liabilities will increase in proportion to
sales. The company plans to finance any additional funds
needed using debt at an interest rate of 10%. What is the
company's projected funds needed for 2008? Assume
interest expenses are 10% of the beginning of year debt
balance. ( $357.80)
Total assets ,1000
b.(15) Construct the Year 2008 Statement of Cash Flows
for Crum. Please answer accurately and show each step for all separate parts.
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