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Mathematics, 08.09.2019 04:20 monasiamcneill
Weber interstate paving co. had $450 million of sales and $225 million of fixed assets last year, so its fa/sales ratio was 50%. however, its fixed assets were used at only 55% 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 $450 million, how much cash (in millions) would it have generated?
select the correct answer.
a. $103.15 b. $101.25 c. $106.95 d. $105.05 e. $97.45
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Weber interstate paving co. had $450 million of sales and $225 million of fixed assets last year, so...
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