The Blue numbers are automatically there part of the question.

7 AGG CORPORATION Income Statement S Costs Net income $ Sales Assets $ AGG CORPORATION Balance Sheet 35,000 Debt Equity 35,000 Total 20,000 15,000 5,000 $ S 20,000 15,000 35,000 9 $ 10 Total 11 12 13 14 15 17 TE 19 Assumptions: Sales growth: 25% Payout ratio: 60% Costs and assets will grow by the sales growth rate. Using the input cell below for the projected sales increase, construct the pro forma financial statements and find the EFN. AGG CORPORATION AGG CORPORATION Pro Forma Pro Forma Income Statement Balance Sheet Sales $ 18.750 Assets S 43,750 Debt 6.250 Equity s 12.500 S 43.750 Total 21 ZE $ 14 Costs 25,000 18,750 43.750 25 Net innme Total S AGG CORPORATION Pro Forma Income Statement Sales $ Costs Net income $ AGG CORPORATION Pro Forma Balance Sheet 43,750 Debt Equity 43,750 Total Assets S $ 18,750 6,250 12,500 25,000 18,750 43,750 Total $ 5 Dividends Add. To RE The EFN is: $ 6,250