Mud Bay Services Inc. Is currently operating at only 92% of fixed asset capacity. Current sales...

 

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Mud Bay Services Inc. Is currently operating at only 92% of fixed asset capacity. Current sales are $640,000. 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. (Round intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.) New fixed assets $ Mud Bay Services Inc. Is currently operating at only 92% of fixed asset capacity. Current sales are $640,000. 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. (Round intermediate calculations and final answers to 2 decimal places. Omit $ sign in your response.) New fixed assets $

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Answer To calculate the new fixed assets required to s... View the full answer