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What is the EFN? A financial plan begins with the current financial statements. The income statement and balance sheet for AGG Corporation are: AGG CORPORATION

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What is the EFN? A financial plan begins with the current financial statements. The income statement and balance sheet for AGG Corporation are: AGG CORPORATION Income Statement $ Assets $ Sales Costs Net income $ AGG CORPORATION Balance Sheet 35,000 Debt Equity Total 20,000 15,000 20,000 15,000 Total 60% Assumptions: Sales growth: 25% Payout ratio: Costs and assets will grow by the sales growth rate. Using the input cell below for the projected sales increase, construct the pro forma financial statements and find the EFN. AGG CORPORATION Pro Forma Income Statement AGG CORPORATION Pro Forma Balance Sheet Debt Equity Total Assets Sales Costs Net income Total Dividends Add. To RE The EFN is

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