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Assets and costs are proportional to sales. Long - term debt and equity are not. The company maintains a constant 2 5 percent dividend payout
Assets and costs are proportional to sales. Longterm debt and equity are not. The company maintains a constant percent dividend payout ratio and a constant debt
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What is the maximum increase in sales that can be sustained assuming no new equity is issued? Do not round intermediate calculations and round your answer to decimal places, eg
Maximum increase in sales
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