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Pinhani Inc., had $500 sales last year. Its fixed assets were $100. Its fixed assets were utilized 80% of their capacity. If sales are expected
Pinhani Inc., had $500 sales last year. Its fixed assets were $100. Its fixed assets were utilized 80% of their capacity. If sales are expected to increase 50% next year, calculate the increase needed in fixed assets next year.
A) $225
B) $77
C) $150
D) $20
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