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Hodgkiss Mfg., Incorporated, is currently operating at only 77 percent of fixed asset capacity. Fixed assets are $416,500. Current sales are $490,000 and projected to
Hodgkiss Mfg., Incorporated, is currently operating at only 77 percent of fixed asset capacity. Fixed assets are $416,500. Current sales are $490,000 and projected to grow to $738,182. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity
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