Video Excel Online Structured Activity: Excess capacity Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets are operating at 75% of capacity. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. x Open spreadsheet a. What level of sales could Earleton have obtained in it had been operating at full capacity? Write out your answer completely. Round your answer to the nearest cent $ 2666666666.6 b. What is Earleton's target fixed assets/sales ratio Round your answer to two decimal places. 4.453 C. If Earleton's sales increase 35%, now large or an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar Next X Cut A A [ Copy Format Painter Clipboard Arial - 10 BIUDHA utos $ % % % Insert Delete Format Font Conditional Format Formatting as Table Styles Alignment Number B8 Cells Excess capacity E F G H NMON Sales Fixed assets % Fixed assets capacity $2,000,000,000.00 $600,000,000.00 75.00% Cacluation of Full Capacity Sales: Full capacity sales 8 Formulas #N/A 10 11 Calculation of Target Fixed Assets-to-Sales Ratio: Target fixed assets-to-sales ratio 35.00% 13 % Sales increase 14 15 Calculation of Fixed Assets Increase Needed: 16 New sales level 17 Increase in foxed assets NA HNA 983 Sheet1