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How much in new fixed assets are required to support this growth in sales? Alter Bridge Mfg., Inc., is currently operating at only 87 percent
How much in new fixed assets are required to support this growth in sales?
Alter Bridge Mfg., Inc., is currently operating at only 87 percent of fixed asset capacity. Current sales are $660,000. Fixed assets are $410,000 and sales are projected to grow to $820,000. How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity.
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