Thorpe Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Current sales are $310,000. How fast can sales grow before any new fixed assets are needed? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Maximum sales growth

Thorpe Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Current sales are $310,000. How fast can sales grow before any new fixed assets are needed? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Maximum sales growth

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 6P

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