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Southern Mfg inc is currently operating at only 90 percent of Axed asset capacity Current sales are $560.000 Fixed assets are $430,000 and sales are

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Southern Mfg inc is currently operating at only 90 percent of Axed asset capacity Current sales are $560.000 Fixed assets are $430,000 and sales are projected to grow to $770,000. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at ltd capacity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.1 References eBook & Resources

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