Knudsen, Inc.'s ﬁrm's full-capacity sales level is $3,000,000. If the ﬁrm is currently operating at 80% of capacity, what is the current level of sales?

Name: Knudsen, Inc.'s ﬁrm's full-capacity sales level is $3,000,000. If the ﬁrm is currently operating at 80% of capacity, what is the current level of sales?
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Quizplus · Accepted Answer

The current level of sales is 80% of the full-capacity sales level, which is $3,000,000. Therefore, the current sales level is 0.80 * $3,000,000 = $2,400,000.