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I need assistance in calculating the external funds needed (EFN) for the attached spreadsheet along with the pro forma statements. I calculated the sustainable growth
I need assistance in calculating the external funds needed (EFN) for the attached spreadsheet along with the pro forma statements. I calculated the sustainable growth rate and created a Pro Forma Income Statement and Balance Sheet but the Total Assets - Total Liabilities/Equity does not equal the EFN. Something is incorrect and I can't determine where. I left all my calculations in the spreadsheet along with the original question.
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