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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 2021 are projected to grow by 25 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.
\table[[\table[[RETRO MACHINE, INC.],[2020 Income Statement]]],[Sales,,$
\table[[Balar,\table[[RETRO],[ce Sheet a]],\table[[MACHINE, INC.],[Is of December 31,2020]],],[Assets,,Liabilities and Owners',Equity],[Current assets,,Current liabilities,],[Cash,$20,740,Accounts payable,$54,900748,000
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