The most recent financial statements for Crosby, Incorporated, follow. Interest expense

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

Costs, other expenses, current assets, fixed assets, and accounts payable increase

spontaneously with sales.

CROSBY, INCORPORATED

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

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

amounts as positive values.$)$

Calculate the EFN for $15,20,$ and $25$ percent growth rates. $($Do not round intermediate

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

negative answer should be indicated by a minus sign.$)$