Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. last year baron enterprises had $500 million of sa

Last year Baron Enterprises had $500 million of sales, and it had $270 million of...

70.2K

Verified Solution

Question

Finance

Last year Baron Enterprises had $500 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets?

Select the correct answer.

a. $252.7
b. $263.7
c. $258.2
d. $269.2
e. $274.7

Answer & Explanation Solved by verified expert
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

Other questions asked by students

Q

Is there any free electron or hole in silicon crystal at absolute zero (0K)? Why? Is there...

Electrical Engineering
Q

Employees at the People’s Bank do not trust management and there is a shared perception that...

General Management
Q

Police response time to an emergency call is the difference between the time the call is...

Basic Math
Q

The waxy on the surface of leaves is an adaptation land plants use to prevent...

Biology
Q

A person is standing 40 ft from a light post and can see the top...

Basic Math
Q

shape of the distribution of the time required to get an oil change at a...

Statistics
Q

Which of the following are the most appropriate equations for the triangle O A 4...

Calculus
Q

The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process...

Accounting
Q

Explain why the ultimate tax treatment of Net 1231 Gains is more advantageous for flow...

Accounting
Q

To calculate cash flows on total assets, one must divide by average total assets. Cash...

Accounting
Q

Coronado Company purchased machinery on January 1, 2020, for $89,600. The machinery is estimated to...

Accounting
Q

Condensed financial data of Larkspur Company for 2020 and 2019 are presented below. ...

Accounting