Question: Beasley will need for the coming year. Do not round intermediate calculations. Round your answer to the nearest dollar. $ First, the firm's management must

 Beasley will need for the coming year. Do not round intermediate

Beasley will need for the coming year. Do not round intermediate calculations. Round your answer to the nearest dollar. $ First, the firm's management must find out the firm's full capacity sales as follows: Fullcapacitysales=PercentageofcapacityActualsalesatwhichfixedassetswereoperated Next, management would calculate the firm's target fixed assets ratio as follows: SalesTotalfixedassets=FullcapacitysalesActualfixedassets Finally, management would use the target fixed assets ratio with the projected sales to calculate the firm's required level of fixed assets as follows: Required level of fixed assets =( Target fixed assets/Sales ) Projected sales capacity. $ b. What is Mitchell's Target fixed assets/Sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % Round your answer to the nearest dollar. $

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