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The most recent financial statements for Weyland Co. are shown here INCOME STATEMENT BALANCE SHEET Sales $50,000Current assets$24,000Long-term debt $54,500 Costs 38,000 Fixed assets 91,000

The most recent financial statements for Weyland Co. are shown here

INCOME STATEMENT BALANCE SHEET

Sales $50,000Current assets$24,000Long-term debt $54,500

Costs38,000Fixed assets91,000Equity 60,500

Taxable income $12,000Total $115,000Total $115,000

Taxes (34%)4,080

Net income $ 7,920

Assets and costs are proportional to sales.The company maintains a constant 40 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?

Maximum increase in sales$

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