Question

Last year Baron Enterprises had $400 million of sales, and it had $270 million of fixed...

Last year Baron Enterprises had $400 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets?

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Answer #1

ANSWER:

GIVEN DATA

SALES $400M

CAPACITY = 65%

there fore

capacity is 400/65%

400*100/65

=$615.38M

NOW THE INCREASED SALES ARE

=full capacity-actual sales

=615.38-400

=$215.38M

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