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The most recent financial statements for Beckett Company are shown here: Assets and costs are proportional to sales. The company maintains a constant 2 5
The most recent financial statements for Beckett Company are shown here:
Assets and costs are proportional to sales. The company maintains a constant 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?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
Maximum increase in sales
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