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Quinn Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the companys fixed assets are operating at 90% capacity. a. What
Quinn Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the companys fixed assets are operating at 90% capacity. a. What level of sales could Quinn Industries have obtained if it had been operating at full capacity? b. What is Quinn Industries target fixed assets/sales ratio? c. If Quinn Industries sales increase 15%, how large an increase in fixed assets will the company need to meet its target fixed assets/sales ratio?
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