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corporate finance The most recent financial statements for Alexander Co. are shown below. Assets and costs are proportional to sales. The company maintains a constant
corporate finance
The most recent financial statements for Alexander Co. are shown below. 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? Complete the following analysis. Do not hard code values in your calculations Step by Step Solution
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