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in formula 19 All answers must be entered as a formula. Click OK to begin. The most recent financial statements for Alexander Co. are shown
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All answers must be entered as a formula. Click OK to begin. 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 assumina no new equitv is issued? Complete the following analysis. Do not hard code values in your calculations. Retum on equity Retention ratio Sustainable growth rate Maximum increase in sales 19
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