Excel Online Structured Activity: Excess capacity Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets are operating at 85% of capacity. The data has been collected in the Microsoft Excel Online file below. Ope the questions below $2 billon in sales and The data has been n the spreadsheet and perform the required analysis to answer Open spreadsheet a. What level of sales could Earleton have obtained if it had been operating at full capacity? Write out your answer completely. Round your answer to the nearest cent. b. What is Earleton's target fixed assets/sales ratio? Round your answer to two decimal places c. If Earleton's sales increase 30% how large of an increase in fixed assets will the company need to meet ts target fixed assets sales ratio? write out our answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar. Check My Work Reset Problem Excel Online template Home Insert Data Review View Tell me what you want to do Number Format s-% , '6848 Formational asTable- Insert Delete Format Sort&Filter w Paste . $. % , :0 0 .00 48 Conditional Format Find & Select . -A"A" UndoClipboard Font Alignment Cells B8 1 Excess capacity 3 Sales 4 Fixed assets 5 % Fixed assets capacity 6 7 Cacluation of Full Capacity Sales 8 Full capacity sales $2,000,000,000.00 600,000,000.00 85.00% Formulas 10 Calculation of Target Fixed Assets-to-Sales Ratio 11 Target fixed assets-to-sales ratio 12 13 % sales increase 14 15 Calculation of Fixed Assets Increase Needed: 16 New sales level 17 Increase in fixed assets 18 19 30.00% #N/A IA Sheet1