Lloyd and harry limo service co is currently operating at, Ask an Expert

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Lloyd and Harry Limo Service, Co. is currently operating at 92% of fixed asset capacity. Fixed assets on the balance sheet are $593,000. Current sales are $640,000, and are projected to grow to $792,000. How many in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91418992

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