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The most recent financial statements for Alexander Co. are shown here: Assets and costs are proportional to sales. The company maintains a constant 34 percent

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The most recent financial statements for Alexander Co. are shown here: Assets and costs are proportional to sales. The company maintains a constant 34 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? Multiple Choice $2,960.25 $6,076.58 $6,276.58 $3,211.06 $6,176.58 Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): The company has predicted a sales increase of 11 percent. It has predicted that every item on the balance sheet will increase by 11 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? Multiple Choice $11,797 $11,809 $21,844 $11,827 $11,803

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