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In 2021 , the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that
In 2021 , the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that the company cannot sell fixed assets. This implies that asset utilization may remain less than 100 percent next year as well. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) What is the EFN? ( \\( A \\) negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
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