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Author Question: Last year, Canada Corp. had $300 million of sales and $180 million of fixed assets, so its FA/Sales ... (Read 99 times)

yulisa3298

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Last year, Canada Corp. had $300 million of sales and $180 million of fixed assets, so its FA/Sales ratio was 60%. However, its fixed assets were used at only 70% of capacity. Now the company is developing its financial forecast for the coming year. As part of that process, the company wants to set its target Fixed Assets/Sales ratio at the level it would have had had it been operating at full capacity. What target FA/Sales ratio should the company set?

37.50%


41.96%


46.25%


50.00%



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Marked as best answer by yulisa3298 on Aug 7, 2023

delmiss

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yulisa3298

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


nguyenhoanhat

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Reply 3 on: Yesterday
:D TYSM

 

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