Question
Last year Baron Enterprises had $400 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last
Last year Baron Enterprises had $400 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
