Seaweed Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $550,000, fixed assets are $440,000 and…
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Seaweed Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $550,000, fixed assets are $440,000 and sales are projected to grow to $630,000. To support this growth in sales, $______ in new fixed assets are required. Assume the company maintains its current operating capacity.(Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount. (e.g., 32))
Seaweed Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Currentsales are $550,000, fixed assets are $440,000 and sales are projected to grow to $630,000. Tosupport…
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