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Use the information provided below for questions ( 1 5 ) to ( 1 7 ) The most recent financial statements for Crosby, Incorporated, follow.
Use the information provided below for questions to
The most recent financial statements for Crosby, Incorporated, follow. 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 with sales.
tableCROSBY INCORPORATED, Income Statement,S
Complete the Pro Forma Income Statement assuming that the sale growth is equal to
Edit Format Table
cost $
other expenses $
EBIT: $
Intrest expense: $
Taxes:$
net income: $
Dividends: $
Additions to RE: $ales,$
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