Fixed assets are required to support this growth in sales

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Reference no: EM131643327

Seaweed Mfg., Inc., is currently operating at only 84 percent of fixed asset capacity. Fixed assets are $374,400. Current sales are $480,000 and projected to grow to $600,000.

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.)

a. $19,469

b. $18,720

c. $17,784

d. $19,656

e. $93,600

Reference no: EM131643327

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