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The most recent financial statements for Alexander Company are shown here: Assets and costs are proportional to sales. The company maintains a constant 26 percent
The most recent financial statements for Alexander Company are shown here: Assets and costs are proportional to sales. The company maintains a constant 26 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 $9,905.67 $5,142.88 $3,144.45 $10,105.67 $10,005.67
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