Please see below information of Company Q Fixed assets in 2020 = $387,000 Sales in...
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Please see below information of Company Q Fixed assets in 2020 = $387,000 Sales in 2020 = $510,000 The management predicts that the sales will be $664.000 in 2021 We also know that Company Q was operating at 86% of its fixed asset capacity in 2020, Please calculate the amount of new fixed assets that company Q needs to purchase in 2021 to support the growth in sales. Multiple Choice O $0 $22,654 O O O $46.319 O O $79,408 (0) $93,608
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