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The most recent financlal statements for Crosby, Incorporated, appear below. Interest expense will remaln constant; the tax rate and the dividend payout rate also will
The most recent financlal statements for Crosby, Incorporated, appear below. Interest expense will remaln constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable Increase spontaneously with sales. The firm Is operating at full capacity and no new debt or equity is issued. Complete the pro forma income statements below. (Input all answers as positlve values. Do not round Intermedlate calculations and round your answers to the nearest whole number, e.g., 32.) Calculate the EFN for 20, 25 and 30 percent growth rates. (A negatlve answer should be Indlcated by a minus sign. Do not round Intermedlate calculations and round your answers to the nearest whole number, e.g., 32.)
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