Question
Last year Baron Enterprises had $725 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last
Last year Baron Enterprises had $725 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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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
