This topic contains a solution. Click here to go to the answer

Author Question: Last year, Emery Industries had $600 million of sales and $350 million of fixed assets, so its ... (Read 69 times)

trevg

  • Full Member
  • ***
  • Posts: 160
Last year, Emery Industries had $600 million of sales and $350 million of fixed assets, so its FA/Sales ratio was 58.33%. However, its fixed assets were used at only 40% of capacity. If the company had been able to sell off enough of its fixed assets at book value so that it was operating at full capacity, with sales held constant at $600 million, how much cash (in millions) would it have generated?

$210.02


$213.51


$215.90


$219.04



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by trevg on Aug 7, 2023

brunoanthony

  • Full Member
  • ***
  • Posts: 169
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




trevg

  • Member
  • Posts: 160
Reply 2 on: Aug 7, 2023
Wow, this really help


peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library