Business, 22.07.2020 01:01 lolz55678

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. What is the maximum dollar Increase In sales that can be sustalned next year assuming no new equity is Issued? a. $2151.
b. $1,211.
c. $2.804.
d. $2.267.
e. $1,667.

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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, to...

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