What are full capacity sales

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Problem

Marable Comics Group Balance Sheet for the Years Ending 2014 and 2015 ($ in millions) 2014 2015 2014 2015 Cash $75 $135 Accounts payable $89 $110 Accounts receivable 230 214 Notes payable 227 442 Inventory 240 188 Current liabilities 316 552 Current assets 545 537 Long-term debt 615 440 Fixed assets 788 890 Common stock 55 55 Retained earnings 347 380 Total assets $1,333 $1,427 Total liab. & equity $1,333 $1,427 Marble Comics Group 2015 Income Statement ($ in millions) Net sales $905 Less: Cost of goods Sold 522 Less: General & adm. expenses 93 Less: Depreciation 110 Earnings before interest and taxes 180 Less: Interest paid 61 Earnings before taxes 119 Less: Taxes 30 Net income $89 Suppose Marble is currently operating at 70% of capacity. Get the instant assignment help. What are full capacity sales ($ in millions)?

Reference no: EM133903004

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