Major Manuscripts. Inc. is currently operating at maximum capacity. Cost of goods sold, depreciation, interest,...
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Accounting
Major Manuscripts. Inc. is currently operating at maximum capacity. Cost of goods sold, depreciation, interest, all assets, and current liabilities vary directly with sales. The tax rate and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 6 percent
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