Problem 17.05 – Determining Sales, Fixed Assets Ratio, and Increase in Fixed Assets for Williamson Industries
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Calculate the undisclosed factors for Williamson Industries: (1) The level of sales at full capacity, rounded to five decimal places (in billions of dollars). (2) The target fixed assets/sales ratio, rounded to two decimal places in percentage. (3) The required increase in fixed assets, rounded to five decimal places (in billions of dollars), if sales increase by a certain given percentage. NOTE: This is ONLY for the 11e of the textbook.
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