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The most recent financial statements for Alexander Co. are shown here: Balance Sheet Income Statement Sales $45,350 Costs 36,350 $18.860 Long-term Current assets Fixed assets

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The most recent financial statements for Alexander Co. are shown here: Balance Sheet Income Statement Sales $45,350 Costs 36,350 $18.860 Long-term Current assets Fixed assets $ 37,870 50,140 debt Equity 69,150 Taxable income $ 9,000 Total $88,010 Total $ 88,010 Taxes (22%) 1,980 Net income $ 7,020 Assets and costs are proportional to sales. The company maintains a constant 35 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum dollar increase in sales that can be sustained assuming no new equity is issued? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) TCAAVIE income $ 9,000 Total $88,010 Total $88,010 Taxes (22%) 1.980 Net income $ 7,020 Assets and costs are proportional to sales. The company maintains a constant 35 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum dollar increase in sales that can be sustained assuming no new equity is issued? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Maximum dollar increase

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