The most recent financial statements for Moose Tours, Inc., follow. Sales for 2019 are projected to grow
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The most recent financial statements for Moose Tours, Inc., follow. Sales for 2019 are projected to grow by 20%. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The company's average tax rate is 35%. Assuming the firm is operating at full capacity please provide responses to the following questions:
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