Beelzebub Manufacturing operates at approximately 100% of its capacity. Assume that all the company's costs and net working capital increase or decrease directly with changes in sales. The company's asset conversion ratio is 2.0. If the company's sales increased by 15%, it is reasonable that its fixed assets will need to increase to satisfy demand. How much will its fixed assets need to increase? Enter your number as a whole number without at percent sign.

Answer rating: 100% (QA)

Given the assumptions that all costs and net working capital change directly with sales and the comp... View the full answer