The Answer is NOT -43712 as the Chegg website states it is need work shown to answer another question.
The most recent financial statements for Fleury Inc. follow. Sales for 2012 are projected to grow by 20 percent. 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 spontaneously with sales.
What is the EFN if the firm wishes to keep its debt-equity ratio constant? (Do not round intermediate
calculations.)