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The whole year income statement and end of year balance sheet numbers are provided for 2022 . As CFO, you are to forecast 2023 numbers

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The whole year income statement and end of year balance sheet numbers are provided for 2022 . As CFO, you are to forecast 2023 numbers (blank column) based on the following assumptions: Sales, costs, and assets are expected to grow by a same rate in 2023. The company is expected to pay NO dividend in 2023, and will keep the debt balance unchanged. Part 1 1* Attempt 1/3 for 10 pts. If EFN is NOT funded, compute the maximum growth rate the firm can achieve in 2023

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