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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 16 percent
The most recent financial statements for Alexander Company are shown here: Assets and costs are proportional to sales. The company maintains a constant 16 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 $12,310.07 $12,410.07 $2,010.80 $6,267.43 $12,210.07
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