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Your company forecasts that next year's sales will increase by 13.68%, and the Fixed Assets Turnover (FAT) ratio will be 6.00. Assuming that previous year's
Your company forecasts that next year's sales will increase by 13.68%, and the Fixed Assets Turnover (FAT) ratio will be 6.00. Assuming that previous year's sales was $78.00 million, what's your company's forecasted fixed assets for next year?
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