For the company in the previous problem, suppose fixed assets are $720,000 and sales are projected to
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For the company in the previous problem, suppose fixed assets are $720,000 and sales are projected to grow to $665,000. How much in new fixed assets are required to support this growth in sales?
Data in previous problem,
Blue Sky Mfg., Inc., is currently operating at 90 percent of fixed asset capacity. Current sales are $575,000. How much can sales increase before any new fixed assets are needed?
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a Amount of new fixed assets are required to support this growth in sales 520000 90 of 685000 70000 ...View the full answer
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Related Book For 
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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