Use a top line sales growth rate of 10% to project next year's EFN assuming Equity Corp
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Question:
Use a top line sales growth rate of 10% to project next year's EFN assuming Equity Corp is already at full capacity.Identify which specific line items follow the Percentage of Sales Approach in the space provided.Use a 21% tax rate going forward and assume the retention rate will remain constant.Briefly interpret your EFN and how you might approach integrating it into the balance sheet from a sources and uses of funds standpoint.
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