The Most Recent Financial Statements for Heng Co

Multiple Choice

The most recent financial statements for Heng Co.are shown here: Assets and costs are proportional to sales.The company maintains a constant 45 percent dividend payout ratio and a constant debt-equity ratio.What is the maximum increase in sales that can be sustained next year assuming no new equity is issued?

A) $4,808.12
B) $5,211.17
C) $5,887.48
D) $5,894.60
E) $6,666.67