a$.$ Compute the future value of $$1,000$ compounded annually for $20$ years at $4$ percent.

$($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

b$.$ Compute the future value of $$1,000$ compounded annually for $15$ years at $10$ percent.

$($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

c$.$ Compute the future value of $$1,000$ compounded annually for $25$ years at $4$ percent.

$($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$What is the EFN if the firm wishes to keep its debt$-$equity ratio constant? $($Do not round

intermediate calculations and round your answer to the nearest whole number, e$.$g$.,$

$32.)$

The most recent financial statements for Crosby, Incorporated, appear below. Sales for $2022$ are projected to grow by $25$ percent. Interest expense will remain constant; the, tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales.

$\backslash$table$[[,\backslash$table$[[$CROSBY$,$ INCORPORATED$],[2021$ Income Statement$]],],[$Sales$,$$$755,000,],[$Costs$,611,000,],[$Other expenses,$25,000,],[$Earnings before interest and taxes,$$119,000,],[$Interest expense,$10,800,],[$Taxable income,$$108,200,],[$Taxes $(22\%),23,804,],[$Net income,$$84,396,],[,,],[$Dividends$,$$$31,840,],[$Addition to retained earnings,$52,556,],[,,]]$

$\backslash$table$[[\backslash$table$[[$CROSBY$,$ INCORPORATED$],[$Balance Sheet as of December $31,2021]]],[,$Liabilities and Owners' Equity$],[$Current assets,,Current liabilities,$],[$Cash$,$$ $24,440,$Accounts payable,$ $58,200],[$Accounts receivable,$33,780,$Notes payable,$15,200],[-,,$T$-1-1,]]$

What is the EFN if the firm wishes to keep its debt$-$equity ratio constant? $($Do not round

intermediate calculations and round your answer to the nearest whole number, e$.$g$.,$

$32.)$