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Following data is used for the next 2 questions: FutureTech has net income of $100,000 on sales of $600,000, fixed assets of $80,000, and total
Following data is used for the next 2 questions: FutureTech has net income of $100,000 on sales of $600,000, fixed assets of $80,000, and total assets of $120,000. It is operating at 96% capacity.
1.What would be its full capacity sales? $
2.If projected Sales for the next year is $660,000, what would be the required Fixed Assets? $
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