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The most recent financial statements for Crosby, Incorporated, follow. Sales for 2 0 2 1 are projected to grow by 2 0 percent. Interest expense

The most recent financial statements for Crosby, Incorporated, follow. Sales for 2021 are projected to grow by 20 percent. 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.
Suppose that the company wants to pay back long-term debts as much as possible during the year of 2021. Prepare the pro forma balance sheet (a
complete version in which the balance sheet identity holds)
Suppose that the company wants to increase its ROE as much as possible during the year of 2021. Prepare the pro forma balance sheet (a complete
version in which the balance sheet identity holds)
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