Q.25) Jackson Inc expects to generate $ 50 MM of net earnings for the year and has a policy of paying out 48% of its earnings as dividends. Its current sources of financing include debt and preferred shares. If Jackson Inc does not want to issue any new common shares and debt plus preferred shares constitute 30% of any future financing, then the maximum financing that the company can raise would be: a. $ 26.5 MM O b. $ 34.3 MM O c. $ 37.1 MM O d. $ 42.7 MM O e. $ 32.8 MM