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Hodgkiss Mfg., Inc., is currently operating at only 90 percent of fixed asset capacity Fixed assets are $403,200. Current sales are $480,000 and projected to
Hodgkiss Mfg., Inc., is currently operating at only 90 percent of fixed asset capacity Fixed assets are $403,200. Current sales are $480,000 and projected to grow to $560,000. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. 0/10 points awarded Scored Multiple Choice $19,152 $67,200 $21,168 0 $20,160
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