This paperwork of FIN 534 Week 8 Quiz 7 shows the solutions to the following points:

1. Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets that were being operated at 80% of capacity. In millions, how large could sales have been if the company had operated at full capacity?2. Which of the following is NOT a key element in strategic planning as it is described in the text?3. Spontaneous funds are generally defined as follows:4. Which of the following statements is CORRECT?5. Which of the following statements is CORRECT?6. Which of the following statements is CORRECT?7. The capital intensity ratio is generally defined as follows:8. A company expects sales to increase during the coming year, and it is using the AFN equation to forecast the additional capital that it must raise. Which of the following conditions would cause the AFN to increase?9. Which of the following statements is CORRECT?10. Which of the following is NOT one of the steps taken in the financial planning process?11. Which of the following statements is CORRECT?12. Which of the following assumptions is embodied in the AFN equation?13. The term