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4 The most recent financial statements for Alexander Co. are shown here: Balance Sheet Long-term debt Equity Income Statement Current $44,750 $18,540 $37,670 Sales points
4 The most recent financial statements for Alexander Co. are shown here: Balance Sheet Long-term debt Equity Income Statement Current $44,750 $18,540 $37,670 Sales points assets Costs 36,150 Fixed assets 68,950 49,820 020748 Taxable $8,600 Total $87,490 Total $87,490 income Taxes (23%) 1,978 Net income $ 6,622 Assets and costs are proportional to sales. The company maintains a constant 55 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum dollar increase sales that can be sustained assuming no new nd intermediate calculations and round your answer to 2 (Do decimel pleces, e.g 32.16
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