Excess capacity

Edney Manufacturing Company has $2 billion in sales and $0.8 billion in fixed assets. Currently, the company's fixed assets are operating at 85% of capacity.

1. What level of sales could Edney have obtained if it had been operating at full capacity? Enter your answer in millions. For example, an answer of $5 billion should be entered as 5,000. Round your answer to two decimal places. $ million
3. What is Edney's Target fixed assets/Sales ratio? Round your answer to two decimal places. %
5. If Edney's sales increase 30%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio? Write out your answer completely. For example, 13 million should be entered as 13,000,000. Round your answer to the nearest cent. $