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Use the tollowing to answer questions 2829 : The following balance shoct and income statement should be used: Page 9 28. Assume that 18E, Inc,
Use the tollowing to answer questions 2829 : The following balance shoct and income statement should be used: Page 9 28. Assume that 18E, Inc, is operating at 85 percent of capacity. All costs and net working capital vary directly with sales. What is the amount of total fixed assets required if sales are projected to increase by 20 percent? A) 513,397.24 B) 513,414.14 C) $13,096.80 D) 513,108,68 B) $12,84000 29. Asume that all sosts, assets, and current liabilities of \&RE. Ine, increase derectly with sales. Alro assame that the tax rate and the dividend payout ratio are coentant. The firm is currently operating at full capscity. What is the extermal financine nced if sales increave by 8 percenn? A) 59.20 B) $108.14 C) 512.87 D) 512392 E) 511.6k
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