Recent Posts • Latest Topics • Unanswered Questions

Last year, Emery Industries had $600 million of sales and $350 million of fixed assets, so its ...

Melly767

wrote...

Go to Answer

Posts: 162

Rep:

A year ago

Last year, Emery Industries had $600 million of sales and $350 million of fixed assets, so its ...

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

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

Read 104 times

1 Reply

Report

Replies

Answer verified by a subject expert

dorkiexcici

wrote...

Posts: 168

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

Melly767 Author

wrote...

A year ago

Brilliant ツ

yen

wrote...

Yesterday

Correct

ouasfoudgewu

wrote...

2 hours ago

This site is awesome

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1480 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

509

295

1219

Your Opinion

Previous poll results: Who will win the 2024 president election?

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.