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The most recent financial statements for Alexander Co. are shown here: Long-term Income Statement Sales $ 44,150 Costs 35,950 Balance Sheet $18,220 debt 68,750 Equity
The most recent financial statements for Alexander Co. are shown here: Long-term Income Statement Sales $ 44,150 Costs 35,950 Balance Sheet $18,220 debt 68,750 Equity Current assets Fixed assets $ 37,470 49,500 Taxable income $ 8,200 Total $86,970 Total $86,970 Taxes (24%) 1,968 Net income $ 6,232 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 ase The most recent financial statements for Bello Co. are shown here: Income Statement Sales $20,900 Costs 14,400 Current assets Fixed assets Balance Sheet $ 12.100 Debt 35,100 Equity $ 16,900 30,300 Taxable income $ 6,500 Total $47,200 Total $47,200 Taxes (25%) 1625 Net income $ 4,875 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payout ratio. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) Internal growth rate The most recent financial statements for Assouad, Inc., are shown here: Income Statement Sales $ 11,100 Costs 7,900 Balance Sheet Current Current assets $5,400 liabilities Long-term Fixed assets 10,200 debt $ 3,300 4,820 Taxable income $3,200 Equity 7,480 Taxes (24%) 768 Total $15,600 Total $15,600 Net Income $2,432 Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 17 percent. What is the external financing needed? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) External financing needed
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