Question: How do I figure out #17? Thanks! How do I figure out #17? Payout ratio = 35% 16. Full-Capacity Sales [LO1] Alter Bridge Mfg., Inc.,
How do I figure out #17? Thanks!How do I figure out #17? Payout ratio = 35% 16. Full-Capacity Sales [LO1] Alter Bridge Mfg., Inc., is currently operating at only 92 percent of fixed asset capacity. Current sales are $640,000. How fast can sales grow before any new fixed assets are needed? 17. Fixed Assets and Capacity Usage [LO1] For the company in the previous problem, suppose fixed assets are $490,000 and sales are projected to grow to $730,000. How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity 18. Growth and Profit Margin [LO3] Abacus Co. wishes to maintain a growth rate of 13 percent per year a debt-equity ratio of 1.20 and a dividend payout ratio of
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