Mitchell Manufacturing Company has $1,500,000,000 in sales and $300,000,000 in fixed assets. Currently, the company's fixed assets are operating at 70% of capacity.
What level of sales could Mitchell have obtained if it had been operating at full capacity? Do not round intermediate calculations. Round your answer to the nearest dollar.
$
Sales at Full capacity = Current Sales / Current Capacity
= $ 1,500,000,000 / 70%
= $ 2,142,857,142.86
Sales at full capacity is $ 2,142,857,142.86
Mitchell Manufacturing Company has $1,500,000,000 in sales and $300,000,000 in fixed assets. Currently, the company's fixed...
Mitchell Manufacturing Company has $1,500,000,000 in sales and $300,000,000 in fixed assets. Currently, the company's fixed assets are operating at 70% of capacity. What level of sales could Mitchell have obtained if it had been operating at full capacity? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What is Mitchell's Target fixed assets/Sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % If Mitchell's sales increase 45%, how large of...
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