Hungry Howie's is currently operating at 96 percent of capacity.What is the required increase in fixed assets if sales are projected to increase by 14 percent?
Definitions:
Good
An item or product that is produced and consumed to satisfy human wants or needs.
Proportional
An attribute of a relationship where changes in one variable are associated with consistent, proportional changes in another variable.
Flat Tax Structure
A tax system with a constant marginal rate, usually applied to individual or corporate income.
Percentage
A ratio or fraction out of 100 that is used to express how large one quantity is relative to another quantity.
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