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5. Sales and Growth The most recent financial statements for Weyland Co. are shown here INCOME STATEMENT Sales Costs Taxable income $27,800 Taxes (34%) 9,452

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5. Sales and Growth The most recent financial statements for Weyland Co. are shown here INCOME STATEMENT Sales Costs Taxable income $27,800 Taxes (34%) 9,452 BALANCE SHEET $67,400 Current assets $ 19,000 Long term debt $ 51,000 109,000 $160,000 39,600 Fixed assets141.000 Equity Total $160,000 Total Net income $18,348 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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