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Your company forecasts that next year's sales will increase by 1 2 . 7 7 % , and the Fixed Assets Turnover ( FAT )

Your company forecasts that next year's sales will increase by 12.77%, and the Fixed Assets Turnover (FAT) ratio will be 7.00. Assuming that previous year's sales was $74.00 million, what's your company's forecasted fixed assets for next year?
Note: your answer should be in millions of dollars.

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