Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets

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Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets that were being operated at 80% of capacity. In millions, how large could sales have been if the company had operated at full capacity?

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Fundamentals of Financial Management

ISBN: 978-0324302691

11th edition

Authors: Eugene F. Brigham, ‎ Joel F. Houston

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Question Posted: Mar 05, 2018 10:57 AM

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Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets

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Fixed assets being utilised 7508 60 million Sales 2...View the full answer

Fundamentals of Financial Management

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