Pumpkin Mfg., Inc., is currently operating at only 88 92 tabindex=0> percent of fixed asset capacity. Current

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Pumpkin Mfg., Inc., is currently operating at only 88

92" tabindex="0">

percent of fixed asset capacity. Current sales are

$ 780, 000

. Fixed assets are

$ 470, 000

and sales are projected to grow to

$ 880, 000

How much in new fixed assets is required to support this growth in sales? Assume the company operates at full capacity.

Related Book For answer-question

Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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Posted Date: Jul 14, 2022 06:44 AM

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Pumpkin Mfg., Inc., is currently operating at only 88 92 tabindex=0> percent of fixed asset capacity. Current

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Corporate Finance Core Principles and Applications

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