Question: Alter Bridge Mfg., Inc., is currently operating at only 94 percent of fixed asset capacity. Current sales are $767,444. Fixed assets are $420,437 and sales
Alter Bridge Mfg., Inc., is currently operating at only 94 percent of fixed asset capacity. Current sales are $767,444. Fixed assets are $420,437 and sales are projected to grow to $1,075,148. How much in new fixed assets are required to support this growth in sales?
(Omit the "$" sign and commas in your response. Enter your answer rounded to the nearest whole dollar amount. For example, $1,200.456 should be entered as 1200.)
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