Multiple Choice
Seaweed Mfg.,Inc.is currently operating at only 86 percent of fixed asset capacity.Fixed assets are $387,000.Current sales are $510,000 and are projected to grow to $664,000.What amount must be spent on new fixed assets to support this growth in sales?
A) $0
B) $22,654
C) $46,319
D) $79,408
E) $93,608
Correct Answer:
Verified
Correct Answer:
Verified
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