FIN 534 RANK Imagine Your Future /fin534rank.com FIN 534 RANK Imagine Your Future /fin534rank.com - Page 160
The term “additional funds needed (AFN)” is generally defined
Which of the following statements is CORRECT?
Last year Handorf-Zhu Inc. had $850 million of sales, and it had
$425 million of fixed assets that were used at only 60% of capacity.
What is the maximum sales growth rate the company could achieve
before it had to increase its fixed assets?