What is honey target fixed assets or sales ratio

Assignment Help Finance Basics

Reference no: EM13287564

Honey Industries has $4 billion in sales and $1.6 billion in fixed assets. Currently, the company's fixed assets are operating at 90% of capacity.

1. What level of sales could Honey Industries have obtained if it had been operating at full capacity? Round your answer to the nearest cent.

2. What is Honey's target fixed assets/Sales ratio? Round your answer to two decimal places.

3. If Honey's sales increase 12%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio? Round your answer to the nearest cent.

Reference no: EM13287564

Questions Cloud

Determine power that can be developed from niagara falls : Neglecting losses, determine the power that can be developedfrom Niagara Falls, which has an average height of 168 ft and over which the water flows at 500,000 tons per minute.

Define vicinal hydrogen atoms have different chemical shifts : Draw the splitting pattern of the following substructures assuming that the vicinal hydrogen atoms have different chemical shifts.

What is the average acceleration of the cheetah : A cheetah is traveling across the African countryside, initially moving at a constant velocity of 15 m/s. What is the average acceleration of the cheetah from t = 0 to t = 4.0 seconds

What is digital output and resolution with applied voltage : A 4-bit A/D converter is designed to convert analog voltages in the +/-5 V range inot a digital output. If -5V=1111 and +5=0000, what is the digital output and resolution, with an applied analog voltage of +0.625V

What is honey target fixed assets or sales ratio : If Honey's sales increase 12%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio? Round your answer to the nearest cent.

Determine the speed at which the belt of the ramp is moving : A speed ramp at an airport is basically a large conveyor belt on which you can stand and be moved along. What is the speed at which the belt of the ramp is moving

What would the amount of the earlywithdrawl : A certificate of deposit will result in a penalty for withdrawing funds before the maturity date. f the penalty involves two months of interest what would the amount of the earlywithdrawl on a 20,000 6% CD.

Explain the flue gases then pass through a heat exchanger : The flue gases then pass through a heat exchanger from which they emerge at 323.15K per mol of methane, how much heat is lost from the furnace, and how much heat is transferred in the heat exchanger

Evaluate the velocity of the car : A car is traveling along a straight road at a velocity of +34.0 m/s when its engine cuts out. Find the velocity of the car at the end of the initial ten-second interval

User Account

All Pages