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Business, 06.10.2019 06:00 xmiice1981

The most recent financial statements for alexander co. are shown here: income statement balance sheet sales $50,000 current assets $78,300 long-term debt $54,000 costs 32,000 fixed assets 43,200 equity 67,500 taxable income $18,000 total $121,500 total $121,500 taxes (24%) 4,320 net income $13,680 assets and costs are proportional to sales. the company maintains a constant 30 percent dividend payout ratio and a constant debt-equity ratio. what is the maximum 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 she...

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