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Prepare a proforma statements with the following assumptions: Sales for 2 0 2 4 are projected to grow by 2 8 % ; Interest dollar
Prepare a proforma statements with the following assumptions: Sales for are projected to grow by ; Interest dollar expense will increase by $; tax rate will remain constant but the dividend payout rate will increase to of net income; costs, other expenses, current assets, and accounts payable are expected to vary directly with sales, but all other debt and equity do not automatically vary with sales. Assuming the firm is operating its fixed assets at full capacity, find the Projected EBIT, Projected Net Income, Projected addition change to Retained Earnings, Projected addition change to Total Assets.
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