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QUESTION
Seaweed Mfg., Inc., is currently operating at only 79 percent of fixed asset capacity. Fixed assets are $420,000. Current sales are $500,000 and...
Seaweed Mfg., Inc., is currently operating at only 79 percent of fixed asset capacity. Fixed assets are $420,000. Current sales are $500,000 and projected to grow to $759,494.
Required:How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity. (Do not round your intermediate calculations.)
rev: 09_17_2012
