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Fleury, Inc. 2022 Income Statement Fleury, Inc. Balance Sheet as of December 31 Use the financial statements above for Fleury, Inc. and draw pro-forma statements
Fleury, Inc. 2022 Income Statement Fleury, Inc. Balance Sheet as of December 31 Use the financial statements above for Fleury, Inc. and draw pro-forma statements for the year 2023. Sales for 2023 are expected to grow by 15 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, depreciation expenses, other expenses, current assets, and accounts payable increase spontaneously with sales. If the firm is currently operating at 80% capacity and no new debt or equity is issued, what external financing is needed to support the 15 percent growth rate in sales? Interpret the EFN. Calculate full capacity sales. Provide three plug variables that will make Fleury's balance sheet balanced for 2023
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