《财务管理：理论与实践》（Brigham）的教学PPTCh 04 Show.pptVIP

Suppose in 2001 fixed assets had been operated at only 75% of capacity. With the existing fixed assets, sales could be $2,667. Since sales are forecasted at only $2,500, no new fixed assets are needed. Capacity sales = Actual sales % of capacity = = $2,667. $2,000 0.75 How would the excess capacity situation affect the 2002 AFN? The projected increase in fixed assets was $125, the AFN would decrease by $125. Since no new fixed assets will be needed, AFN will fall by $125, to $179 - $125 = $54. Q. If sales went up to $3,000, not $2,500, what would the F.A. requirement be?