Major Manuscripts, Inc.is currently operating at maximum capacity.All costs, 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?
A)-$712
B)-$668
C)$241
D)$348
E)$367

Question

Major Manuscripts, Inc.is currently operating at maximum capacity.All costs, 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?
A)-$712 
B)-$668 
C)$241 
D)$348 
E)$367

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The Answer of  
Major Manuscripts, Inc.is currently operating at maximum capacity.All costs, 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?
A)-$712 
B)-$668 
C)$241 
D)$348 
E)$367