Business, 08.06.2021 23:00, Aestheticblue

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 45,650 Current assets $ 19,020 Long-term debt $ 37,970 Costs 36,450 Fixed assets 69,250 Equity 50,300 Taxable income $ 9,200 Total $ 88,270 Total $ 88,270 Taxes (24%) 2,208 Net income $ 6,992 Assets and costs are proportional to sales. The company maintains a constant 35 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum dollar increase in sales that can be sustained assuming no new equity is issued

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The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Shee...