Williamson Industries has $3 billion in sales and $1.8 billion in fixed assets. Currently, the company's...

80.2K

Verified Solution

Question

Finance

Williamson Industries has $3 billion in sales and $1.8 billionin fixed assets. Currently, the company's fixed assets areoperating at 95% of capacity.

  1. 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.
    $

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

  3. If Williamson's sales increase 13%, 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.
    $

Answer & Explanation Solved by verified expert
3.8 Ratings (713 Votes)
Requirementa Full Capacity Sales Full Capacity Sales Current Sales Percentage capacity of operation 3000000000 095 315789473684 Full Capacity Sales    See Answer
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

Transcribed Image Text

Williamson Industries has $3 billion in sales and $1.8 billionin fixed assets. Currently, the company's fixed assets areoperating at 95% of capacity.What level of sales could Williamson Industries have obtainedif it had been operating at full capacity? Write out your answercompletely. For example, 25 billion should be entered as25,000,000,000. Round your answer to the nearest cent.$What is Williamson's target fixed assets/sales ratio? Roundyour answer to two decimal places.%If Williamson's sales increase 13%, 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.$

Other questions asked by students