Please see below information of Company Q Fixed assets in 2020 = $387,000 Sales in...
80.2K
Verified Solution
Link Copied!
Question
Finance
Please see below information of Company Q Fixed assets in 2020 = $387,000 Sales in 2020 = $510,000 The management predicts that the sales will be $664.000 in 2021 We also know that Company Q was operating at 86% of its fixed asset capacity in 2020, Please calculate the amount of new fixed assets that company Q needs to purchase in 2021 to support the growth in sales. Multiple Choice O $0 $22,654 O O O $46.319 O O $79,408 (0) $93,608
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!
