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For AFN, if we assume that the company was operating at 80% capacity in the previous year(2019) also it cannot sell off any fixed assets.
For AFN, if we assume that the company was operating at 80% capacity in the previous year(2019) also it cannot sell off any fixed assets. Sales for the upcoming year(2020) has increased by 6 percent, How should we calculate the sales ? what will the new sales in the income statement be ?
Will the fixed asset in the balance sheet remain the same or will it increase by 6 percent as we are to assume that assets, spontaneous liabilities and op costs are expected to increase by the same percentage as sales.
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