Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. earleton manufacturing company has $2 billion in s

Earleton Manufacturing Company has $2 billion in sales and $500,000,000 in fixed assets. Currently, the...

50.1K

Verified Solution

Question

Finance

Earleton Manufacturing Company has $2 billion in sales and $500,000,000 in fixed assets. Currently, the company's fixed assets are operating at 85% of capacity. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

Open spreadsheet

  1. What level of sales could Earleton have obtained if it had been operating at full capacity? Write out your answer completely. Round your answer to the nearest cent.

    $ fill in the blank 2

  2. What is Earleton's target fixed assets/sales ratio? Round your answer to two decimal places.

    fill in the blank 3%

  3. If Earleton's sales increase 20%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. Do not round intermediate calculations. Round your answer to the nearest dollar.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

14) Which of the following corresponds to a neuron's membrane potential before, during and following an...

Biology
1.2K views

In your own words, briefly explain what the difference is between active and passive immunization. Incorporate...

Biology
1.2K views

SUMMARY OF DNA-RELATED CHANGES DURING MITOSIS & MEIOSIS (fill in the blanks with the correct number) -------------------------------------------------Meiosis I...

Physics
1.2K views

Earth has a mass of 6.0 x10^24 kg and the moon 7.3 x 10^22 kg. The...

Physics
1.2K views

The electric field midway between two equal but opposite point charges is 567 N/C , and...

Physics
1.2K views

up A standing wave is set up in a string of variable length and tension...

Basic Math
1.2K views

A couple wants to have three children. Assume that the probabilities of a newborn being...

Calculus
1.2K views

1 0 204 1 and find Use linear approximation i e the tangent line to...

Accounting
1.2K views

The following information applies to the questions displayed below.] MyBnB started a home rental...

Accounting
1.2K views

A truck costing 5116000 was destroyed when its engine caught fire. At the date of...

Accounting
1.2K views

dhe thong Deeded at the end of the procent. Concorde en Two The 2017 E...

Accounting
1.2K views

Current Attempt in Progress The following are comparative balance sheets for Waterway Company. Additional information:...