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Business, 25.11.2019 22:31 randlemccray4305

Last year emery industries had $450 million of sales and $225 million of fixed assets, so its fixed assets/sales ratio was 50%. however, its fixed assets were used at only 65% 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?

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