Question
1.) Moonsun had $315 million of sales last year, and it had $200 million of fixed assets that were being operated at 71% of capacity.If
1.) Moonsun had $315 million of sales last year, and it had $200 million of fixed assets that were being operated at 71% of capacity.If Moonsun had operated at full capacity, how large could sales have been (in millions)?
2.) Typhoonforce generated $58 in sales during 2022, and its year-end total assets were $26. Also, at year-end 2022, spontaneous liabilities were $5. Looking ahead to 2023, the company estimates that its assets must increase at the same rate as sales, its spontaneous liabilities will increase at the same rate as sales, its profit margin will be 12%, and its payout ratio will be 25%. What is the self-supporting growth rate for Typhoonforce (in percent)?
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