Fixed assets are required to support growth in sales

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Reference no: EM131519098

Southern Mfg., Inc., is currently operating at only 94 percent of fixed asset capacity. Current sales are $840,000. Fixed assets are $500,000 and sales are projected to grow to $910,000. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity.

Reference no: EM131519098

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