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7 The most recent financial statements for Alexander Co. are shown here: nts $43,200 54,000 Income Statement Balance Sheet Current Long-term Sales $40,000 $62,640 assets

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7 The most recent financial statements for Alexander Co. are shown here: nts $43,200 54,000 Income Statement Balance Sheet Current Long-term Sales $40,000 $62,640 assets debt Costs 25,600 Fixed assets 34,560 Equity Taxable $14,400 Total $97,200 Total income Taxes (24%) 3,456 Net income $10,944 $97,200 eBook Print Ceferences Assets and costs are proportional to sales. The company maintains a constant 36 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? $3,148.08 $5,861.51 $6,061.51 $3,106.20 $5,961.51

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