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Business, 17.02.2020 17:26 icantspeakengles

RPJ Co. has net income of $2,937, a profit margin of 6.3 percent, a retention ratio of 45 percent, total assets of $52,800, and total debt of $24,300. Assets, current liabilities, and costs are proportional to sales. The company maintains a constant dividend payout ratio and debt-equity ratio and is operating at full capacity.
1. What is the maximum dollar increase in sales that can be sustained next year assuming no new equity is issued?

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RPJ Co. has net income of $2,937, a profit margin of 6.3 percent, a retention ratio of 45 percent, t...
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