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How much in new fixed assets are required to support

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Problem 1: Hodgkiss Mfg., Inc., is currently operating at only 82 percent of fixed asset capacity. Fixed assets are $406,700. Current sales are $490,000 and projected to grow to $651,341. 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: EM132692615

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