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Title: Last year, Canada Master Corp. had $20 million of sales and $16 million of fixed assets, so its ... Post by: primewire on Jul 30, 2023 Last year, Canada Master Corp. had $20 million of sales and $16 million of fixed assets, so its FA/Sales ratio was 80%. However, its fixed assets were used at only 75% 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? ▸ 55% ▸ 60% ▸ 64% ▸ 70% Title: Re: Last year, Canada Master Corp. had $20 million of sales and $16 million of fixed assets, so its ... Post by: jaymaster on Jul 30, 2023 Content hidden
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