Determine sales level achieved at full capacity

Reference no: EM1357122

Last year Murphy Transportation had $5 million of sales, and it had $1.7 million of fixed assets that were being operated at 80% of capacity. What sales level could Murphy have achieved if it had operated at full capacity?

A $6,250,000
B $6,500,000
C $6,750,000
D $7,000,000
E $7,250,000

Reference no: EM1357122

Questions Cloud

Finding the correct statements : The best way to judge the effectiveness of a company cash management procedures is to look at the ratio of its cash balances to its sales. The higher this ratio, the more effective the firm's cash management procedures are.

Illustrate explict opportunicy cost of attending college : Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.

Entries for reacquisition and resale of stock : On August 10, Jameson Corporation reacquired 8,000 shares of its $100 par value common stock at $134. The stock was originally issued at $110. The shares were resold on November 21 at $145. Provide the entries required to record the reacquisition ..

What is the speed of the stone : A constant horizontal force Fa pushes a 2 kg FedEx package across a frictionless floor on which an xy coordinate system has been drawn. It gives package's x and y velocity components versus time t. What is the magnitude of Fa.

Determine sales level achieved at full capacity : Past year Murphy Transportation had $5 million of sales, and it had $1.7 million of fixed assets that were being operated at 80 percent of capacity.

Write down main ideas behind relational model : Write down the main ideas behind relational model? Why are they an improvement over what came before? In what ways is the relational model restrictive?

Equity method of accounting : On January 1, 2009, Frederich Corporation purchased 7,500 shared of SportTech, Inc. as a Long-term investment for a total of $235,000.The 7,500 shares represent 30% of the outstanding (25,000) shareds of SportTech. Prepare the journal entries for ..

Coping mechanisms for cancer caregivers : Can someone please help me by explaining two approaches that might be used to address the most common ineffective coping mechanisms for cancer caregivers?

Illustrate firm short-run curve and its long-run supply : Illustrate what is the difference between the firm's short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.

User Account

All Pages