TransCan Industries has been operating at 55 percent capacity the past few years. In each of these years, TransCan generated sales of $7.15 million. By what percentage can TransCan increase its sales before full capacity is reached? Round your answer to two decimal places. %

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter16: Financial Planning And Control
Section: Chapter Questions
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TransCan Industries has been operating at 55 percent capacity the past few years. In each of
these years, TransCan generated sales of $7.15 million. By what percentage can TransCan
increase its sales before full capacity is reached? Round your answer to two decimal places.
%
Transcribed Image Text:TransCan Industries has been operating at 55 percent capacity the past few years. In each of these years, TransCan generated sales of $7.15 million. By what percentage can TransCan increase its sales before full capacity is reached? Round your answer to two decimal places. %
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