Complete the Pro Forma Income Statement assuming...
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Accounting
Complete the Pro Forma Income Statement assuming that the sale growth is equal to 15%. Use the information provided below for questions (15) to (17) 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. Using the information in Question 15, calculate the External Financiog Needed(EFN) for a 15 percent sale growth rate. P D (6) (f) owords it: Question 17 5 pts Based on your result from Question 16, what do you think should be the strategy of the firm going forward? Explain clearly your reasoning
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