Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets

Question:

Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets that were being operated at 80% of capacity. In millions, how large could sales have been if the company had operated at full capacity?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals of Financial Management

ISBN: 978-0324302691

11th edition

Authors: Eugene F. Brigham, ‎ Joel F. Houston

See More Books

Question Posted: Mar 05, 2018 10:57 AM

See More Questions

Weber Interstate Paving Co. had $450 million of sales and $225 million of fixed assets last year, so its FA/Sales ratio was 50%. However, its fixed assets were used at only 45% of capacity. If the...
For 2012, Everyday Electronics reported $22.5 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of investor-supplied operating capital. Its...
Last year Jain Technologies had $250 million of sales and $100 million of fixed assets, so its FA/Sales ratio was 40%. However, its fixed assets were used at only 75% of capacity. Now the company is...
What are the three shapes of periodic signals a function generator can produce?
Air flows isentropically in a converging-diverging nozzle with a throat area of 3 cm2. At section 1, the pressure is 101 kPa, T1 = 300 K, and V1 = 868 m/s. (a) Is the nozzle choked? Determine (b) A1;...
PepsiCo, Inc.s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. Instructions for accessing and using the complete annual...
Event D: rolling an even number
For the given loading, determine the zero-force members in the truss shown.
I need to make a trial balance using the data below. I cannot get it to balance. Assets Cash 6 5 5 . 8 Trade Receivables 5 9 7 . 6 Finished Products 6 5 7 . 6 Raw Materials 3 5 2 . 2 Investments in...
Review the transactions listed in E3-3 for Persimmon Corp. Classify each transaction as either an operating activity, investing activity, or financing activity, or if no cash is exchanged, as a...
1. Which two of the six methods used to evaluate projects, and to decide whether or not they should be accepted, do you prefer as a financial manager? 2. Explain why you decided on these two and not...
The Garvey Sign Company uses the allowance method in accounting for uncollectible accounts. Past experience indicates that 6% of accounts receivable will eventually be uncollectible. Selected account...
You are hired to investigate suspected financial statement fraud in a company that is in bankruptcy. What types of skills will you need to conduct your investigation?
Menlo Company distributes a single product. The companys sales and expenses for last month follow: Total Per Unit Sales $ 308,000 $ 20 Variable expenses 215,600 14 Contribution margin 92,400 $ 6...
Dr. Solo is preparing a single journal entry for December 31, 2022. The bank statement shows a balance of $10,500 on that day. Three checks were made out on that day: one for $250 for medical...
Predicting Gender A study addressed the issue of whether pregnant women can correctly predict the gender of their baby. Among 104 pregnant women, 57 correctly predicted the gender of their baby...
Chamberson Medical Center is comparing their cash flow statements for 2022 to 2021. On the following cash flow form, what would be the cash and cash equivalents for the beginning of the year for...
What concept is important for effective planning and can be seen in various fields, including business and politics?
In Exercises 4952, a single die is rolled twice. Find the probability of rolling a 2 the first time and a 3 the second time.
True & False The basis of an asset must be reduced by the depreciation allowable, 2. Adjusted gross income (AGI) is the basis for a number of phase-outs of deductions. 3. A change to adjusted gross...
Show the steps involved in a laboratory synthesis of the DNA fragment with the sequence CTAG.
The final step in DNA synthesis is deprotection by treatment with aqueous ammonia. Show the mechanisms by which deprotection occur at the points indicated in the followingstructure: . DMTO N. 'N'...
Draw the structure of cyclic adenosine mono phosphate (cAMP), a messenger involved in the regulation of glucose production in the body. Cyclic AMP has a phosphate ring connecting the 3' and 5'...
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
1. Determine the value of the right to use asset and lease liability at commencement of the lease.
Problem 22-1 The management of Sunland Instrument Company had concluded, with the concurrence of its independent auditors, that results of operations would be more fairly presented if Sunland changed...

Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets

Question:

Step by Step Answer:

Fixed assets being utilised 7508 60 million Sales 2...View the full answer

Fundamentals of Financial Management

Students also viewed these Corporate Finance questions