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The most recent financlal statements for Crosby, Incorporated, appear below. Sales for 2022 are projected to grow by 30 percent. Interest expense will remain constant;
The most recent financlal statements for Crosby, Incorporated, appear below. Sales for 2022 are projected to grow by 30 percent. Interest expense will remain constant; the tax rate and the dividend payout rate also will remaln constant. Costs, other expenses, current assets, fixed assets, and accounts payable Increase spontaneously with sales. What is the EFN If the firm wishes to keep Its debt-equity ratio constant? (Do not round Intermedlate calculations and round your answer to the nearest whole number, e.g., 32.)
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