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The most recent financial statements for Throwing Copper Co. are shown here: $48,600 Income Statement Balance Sheet Current Long-term Sales $45,000 $70,470 assets debt Costs

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The most recent financial statements for Throwing Copper Co. are shown here: $48,600 Income Statement Balance Sheet Current Long-term Sales $45,000 $70,470 assets debt Costs 28,800 Fixed assets 38,880 Equity Taxable $16,200 Total $109,350 Total income Taxes (35%) 5,670 Net income $10,530 60,750 $109,350 Assets and costs are proportional to sales. The company maintains a constant 20 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? (Do not round your intermediate calculations.) HINT: Instead of calculating a percentage growth rate (IGR/SGR), you need to turn that growth rate into an actual dollar amount. Multiple Choice O $7,144.58 O O $7,244.58 $3,756.02 $1,616.02 $7,344.58

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