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A company is operating at full capacity with a sales level of $20,425 and fixed assets of $10,190. What is the required addition to fixed
A company is operating at full capacity with a sales level of $20,425 and fixed assets of $10,190. What is the required addition to fixed assets if sales are to increase by 11.75%, assuming a constant fixed asset turnover ratio?
Question options:
| $1,078 |
| $1,108 |
| $1,137 |
| $1,167 |
| $1,197 |
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