Strategic Growth Planning Sailing into the Sunset Burial Monument Co., Inc. wishes to expand their market territory and has sought counsel from you as to their fiscal capacity to sponsor their growth opportunities. As it presently stands, they have been generating a "bottom-line" profit of approximately 5%, for the past five years, but their forecasts for the oncoming year, put this performance at 6%. While management is cognizant that shareholders would love the best of both worlds, dividends as well as growth, they feel that any dividend distributions of less than 40% would be imprudent. Last year, the firm was able to produce an "asset turnover" of only 1/hx, but associated the poor turnover to a piece of equipment purchased in late December of last year. Management forecasts that the asset turnover, this year, is targeted at 2x!! Last, their bond covenant precludes all forms of debt in excess of 60% of the firm's assets. To what extent would you suggest that Sailing into the Sunset Burial Monument Co., Inc. plans its next year's sales, given that the sales for the year, just ended, were $10,000,000. And what would you forecast as their target profit? If Sailing into the Sunset Burial Monument Co., Inc. had wished to expand its market by an additional $3,000,000 over the prior year, would they be able to accomplish this goal, with a view toward a more conservative dividend policy? If so, how