1. Williamson Industries has $4 billion in sales and $1.8 billion in fixed assets. Currently, the...

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1. Williamson Industries has $4 billion in sales and $1.8billion in fixed assets. Currently, the company's fixed assets areoperating at 95% of capacity.
What level of sales could Williamson Industries have obtainedif it had been operating at full capacity? Write out your answercompletely. For example, 25 billion should be entered as25,000,000,000. Round your answer to the nearest cent.
$

What is Williamson's target fixed assets/sales ratio? Roundyour answer to two decimal places.
%

If Williamson's sales increase 11%, how large of an increase infixed assets will the company need to meet its target fixedassets/sales ratio? Write out your answer completely. For example,25 billion should be entered as 25,000,000,000. Round your answerto the nearest cent. Negative amount should be indicated by a minussign. Do not round intermediate calculations.
2. At year-end 2016, total assets for Arrington Inc. were $1.3million and accounts payable were $370,000. Sales, which in 2016were $2.1 million, are expected to increase by 30% in 2017. Totalassets and accounts payable are proportional to sales, and thatrelationship will be maintained; that is, they will grow at thesame rate as sales. Arrington typically uses no current liabilitiesother than accounts payable. Common stock amounted to $455,000 in2016, and retained earnings were $215,000. Arrington plans to sellnew common stock in the amount of $190,000. The firm's profitmargin on sales is 5%; 55% of earnings will be retained.
What were Arrington's total liabilities in 2016? Write out youranswer completely. For example, 25 million should be entered as25,000,000. Round your answer to the nearest cent.
$

How much new long-term debt financing will be needed in 2017?Write out your answer completely. For example, 25 million should beentered as 25,000,000. Do not round your intermediate calculations.Round your answer to the nearest cent. (Hint: AFN - Newstock = New long-term debt.)
3. Earleton Manufacturing Company has $2 billion in sales and$800,000,000 in fixed assets. Currently, the company's fixed assetsare operating at 80% of capacity.
What level of sales could Earleton have obtained if it had beenoperating at full capacity? Write out your answer completely. Roundyour answer to the nearest whole number.
$

What is Earleton's target fixed assets/sales ratio? Round youranswer to two decimal places.
%

If Earleton's sales increase 35%, how large of an increase infixed assets will the company need to meet its target fixedassets/sales ratio? Write out your answer completely. Do not roundintermediate calculations. Round your answer to the nearest wholenumber.

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1. Williamson Industries has $4 billion in sales and $1.8billion in fixed assets. Currently, the company's fixed assets areoperating at 95% of capacity.What level of sales could Williamson Industries have obtainedif it had been operating at full capacity? Write out your answercompletely. For example, 25 billion should be entered as25,000,000,000. Round your answer to the nearest cent.$What is Williamson's target fixed assets/sales ratio? Roundyour answer to two decimal places.%If Williamson's sales increase 11%, how large of an increase infixed assets will the company need to meet its target fixedassets/sales ratio? Write out your answer completely. For example,25 billion should be entered as 25,000,000,000. Round your answerto the nearest cent. Negative amount should be indicated by a minussign. Do not round intermediate calculations.2. At year-end 2016, total assets for Arrington Inc. were $1.3million and accounts payable were $370,000. Sales, which in 2016were $2.1 million, are expected to increase by 30% in 2017. Totalassets and accounts payable are proportional to sales, and thatrelationship will be maintained; that is, they will grow at thesame rate as sales. Arrington typically uses no current liabilitiesother than accounts payable. Common stock amounted to $455,000 in2016, and retained earnings were $215,000. Arrington plans to sellnew common stock in the amount of $190,000. The firm's profitmargin on sales is 5%; 55% of earnings will be retained.What were Arrington's total liabilities in 2016? Write out youranswer completely. For example, 25 million should be entered as25,000,000. Round your answer to the nearest cent.$How much new long-term debt financing will be needed in 2017?Write out your answer completely. For example, 25 million should beentered as 25,000,000. Do not round your intermediate calculations.Round your answer to the nearest cent. (Hint: AFN - Newstock = New long-term debt.)3. Earleton Manufacturing Company has $2 billion in sales and$800,000,000 in fixed assets. Currently, the company's fixed assetsare operating at 80% of capacity.What level of sales could Earleton have obtained if it had beenoperating at full capacity? Write out your answer completely. Roundyour answer to the nearest whole number.$ What is Earleton's target fixed assets/sales ratio? Round youranswer to two decimal places.%If Earleton's sales increase 35%, how large of an increase infixed assets will the company need to meet its target fixedassets/sales ratio? Write out your answer completely. Do not roundintermediate calculations. Round your answer to the nearest wholenumber.