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Sales and Growth The most recent financial statements for Anderson Co . are shown here: Assets and costs are proportional to sales. Long - term

Sales and Growth The most recent financial statements for Anderson Co. are shown here:
Assets and costs are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 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?
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