What level of sales could honey industries have

Assignment Help Finance Basics

Reference no: EM13287525

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: EM13287525

Questions Cloud

Calculate the difference in final speeds of the two spheres : Two metal spheres, each of mass 20 g and initially at rest, are dropped from a height of 10 m in an evacuated chamber. Find the difference in final speeds of the two spheres

Estimated relationship between inventories and sales : On the basis of recent history, the estimated relationship between inventories and sales (in millions of dollars) is shown below.

Evaluate the equilibrium concentration of la3+ : Compute the equilibrium concentration of La3+ in the resulting solution. Ignore activity coefficients. Ksp = 1.0 x 10-11 use the below equation to find the net ionic equation. KIO3(aq) + La(NO3)3(aq) ---> La(IO3)3(s) + KNO3(aq)

Calculate the resistivity of the leaf tissue : Resistivity measurements on the leaves of corn plants are a good way to assess stress and overall health. What is the resistivity of the leaf tissue

What level of sales could honey industries have : 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.

Explain what is the dissociation constant kd : What is the dissociation constant, Kd, of a ligand with a percent occupancy (or fractional saturation) of 50% when [ligand] = 10-7 M

What is the current yield for bond p : Bond P is a premium bond with an 9.9 percent coupon. Bond D is a 5.9 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 7.9 percent, and have fourteen years to maturity.

Find the change in currents due to change of voltage : 1. Find the change in currents due to change of voltage by (a) 5mv,(b) -10mv, (c) 15mv using small signal model and exponential modelof diode with n= 1 and biased at 2mA. 2. A step up transformer has the turn ratio of 2:5

Find how long will the mortar shell remain in the air : A mortar crew is positioned near the top of a steep hill. Enemy forces are charging up the hill and it is necessary for the crew to spring into action. find How long will the mortar shell remain in the air

User Account

All Pages