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The most recent financial statements for Retro Machine, Inc., follow. Sales for 2 0 2 1 are projected to grow by 2 5 percent. Interest
The most recent financial statements for Retro Machine, Inc., follow. Sales for are projected to grow by 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.
tabletableRETRO MACHINE, INC. Income StatementSales$
tableBalartableRETROce Sheet atableMACHINE INC.Is of December AssetsLiabilities and Owners',EquityCurrent assets,,Current liabilities,Cash$Accounts payable,$
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