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Can someone help me solve these questions? Homework - Chapter 3 G Saved Help Save & Exit Submit Check my work 4 Income Statement Sales
Can someone help me solve these questions?
Homework - Chapter 3 G Saved Help Save & Exit Submit Check my work 4 Income Statement Sales Costs Taxable $26,000 Balance Sheet $49,800 Current $ 27,300 Long-term assets debt 23,800 Fixed assets 120,500 Equity 88,200 10 points Total $147,800 Total $147800 income eBook Taxes (21%) 5,460 Hint Net income $20,540 Print References Assets and costs are proportional to sales. The company maintains a constant 25 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Maximum increase in sales Mc Graw Hill K Prev 4 of 7 Next> Homework - Chapter 3 G Saved Help Save & Exit Submit Check my work 3 The most recent financial statements for Bello, Inc., are shown here: Income Statement Sales Costs Balance Sheet $38,200 Assets $138,000 Debt 38,500 Equity 99,500 10 26,300 points Taxable $11,900 Total $138,000 Total $138,000 income eBook Taxes (23%) 2737 Hint Net income $ Print References Assets and costs are proportional to sales; debt and equity are not. A dividend of $2,950 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $43,166 What is the external financing needed? (Do not round intermediate calculations.) External financing ne eded Mc Graw Hill K Prev 3 of 7Next> ducationStep by Step Solution
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