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Please solve this question 8. Sales and Growth (LO2) The most recent financial statements for Cariboo Co. are shown here: Statement of Comprehensive Income Statement

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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 $49.000 Current Assets $ 21,000 Long-term Debt $ 51,000 Costs 37.500 Fixed Assets 86.000 Equity 56.000 Taxable income $11,500 Total $107.000 Total $107,000 Taxes (34%) 3.910 Net income $ 7,590 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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