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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
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
Balance Sheet as of December
Assets
Liabilities and Owners' Equity
Current liabilities
Complete the pro forma income statements below. Input all answers as positive
values. Do not round intermediate calculations and round your answers to the
nearest whole number, eg
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