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Earleton Manufacturing Company has $ 3 billion in sales and $ 7 8 3 , 0 0 0 , 0 0 0 in fixed assets.
Earleton Manufacturing Company has $ billion in sales and $ in fixed assets. Currently, the company's fixed assets are operating at of capacity.
a What level of sales could Earleton have obtained if it had been operating at full capacity? Write out your answers completely. For example, million should be entered as Round your answer to the nearest dollar.
$
b What is Earleton's target fixed assetssales ratio? Do not round intermediate calculations. Round your answer to two decimal places.
c If Earleton's sales increase how large of an increase in fixed assets will the company need to meet its target fixed assetssales ratio? Write out vour answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar. $
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