The most recent financial statements for Crosby, Incorporated, appear below. Interest

expense will remain constant; the tax rate and the dividend payout rate also will remain

constant. Costs, other expenses, current assets, fixed assets, and accounts payable

increase spontaneously with sales. Assume the firm is operating at full capacity and the

debt$-$equity ratio is held constant.

Complete the pro forma income statements below. $($Do not round intermediate

calculations and round your answers to the nearest whole number, e$.$g$.,32.)$

Answer is complete and correct.

Calculate the EFN for $15,20$ and $45$ percent growth rates. $($A negative answer should be

indicated by a minus sign. Do not round intermediate calculations and round your

answers to the nearest whole number, e$.$g$.,32.)$

Answer is not complete.