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8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co. are shown here: Statement of Comprehensive Income Statement of Financial Position Sales
8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co. are shown here: Statement of Comprehensive Income Statement of Financial Position Sales $49.000 Current Assets $ 51,000 $ 21.000 Long-term Debt 86,000 Equity Costs 37.500 Fixed Assets 56,000 Taxable income $11.500 Total $107.000 Total $107.000 Taxes (349) 3,910 Net income $7590 Assets and costs are proportional to sales. The company maintains a constant 30% 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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