The following balance sheet and income statement should be used: 
Hilltop, Inc. is currently operating at 75% of capacity. What is the required increase in fixed assets if sales are projected to increase by 30 percent?
Definitions:
Fixed Costs
Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance.
Contribution Margin Ratio
A financial metric that shows the portion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.
Operating Income
Operating income is the profit earned from a firm's normal business operations, excluding deductions of interest and taxes.
Variable Costs
Costs that vary directly with the level of production or business activity, such as materials and labor.
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