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The most recent financial statements for Mc Govney Co. are shown here: Income Statement Sales $47152...

The most recent financial statements for Mc Govney Co. are shown here: Income Statement Sales $47152 Costs $36870 Taxable Income ? Taxes (34%) ? Net Income ? Balance Sheet Current Asset $21260 Long-term Debt $48216 Fixed Asset $85534 Equity ? Assets and costs are proportional to sales. The company maintains a constant 19 percent dividend payout ratio and a constant debt–equity ratio. What is the maximum increase in sales (in $) that can be sustained assuming no new equity is issued?

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Answea ラ Eauit>*Tolal Assets-long term del - Cu Asset red Assets lon eum Del : 521260 + 98553tに 482 Net income Eauit 6796.12ラThe maximum inc case in s.cn es is -SF 47152 x 10.35% Please ike

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