Question: please help me understand how to work the following question: Required level of fixed assets = ( Target Fixed assets / Sales ) ( Projected

please help me understand how to work the following question:

Required level of fixed assets = ( Target Fixed assets / Sales ) ( Projected sales ) Quantitative Problem 2: Mitchell Manufacturing Company has $ 1 , 700 ,0100 , 000 in sales and $ 3.80 , 000 , 000 in fixed assets . Currently , the company's Fixed assets are operating at 80% of capacity . a . What level of sales could Mitchell have obtained if it had been operating at full capacity ? Round your answer to the nearest dollar . Do not round intermediate calculations . b . What is Mitchell's Target Fixed assets / Sales ratio ? Round your answer to two decimal places . Do not round intermediate calculations . 9 /0 C . IF Mitchell's sales increase by 45%/ , how large of an increase in fixed assets will the company need to meet its Target Fixed assets / Sales ratio ? Round your answer to the nearest dollar . Do not round intermediate calculations

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