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Author Question: Last year, Emery Industries had $600 million of sales and $350 million of fixed assets, so its ... (Read 70 times)

trevg

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on: Aug 7, 2023
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

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by trevg on Aug 7, 2023

brunoanthony

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Reply #1 on: Aug 7, 2023
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.
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trevg

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Reply 2 on: Aug 7, 2023
Excellent

bassamabas

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Reply 3 on: Yesterday
Wow, this really help

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