Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
drdoombot drdoombot
wrote...
Go to Answer
Posts: 140
Rep: 0 0
A year ago
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%

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
Read 110 times
1 Reply
Replies
Answer verified by a subject expert
annalassannalass
wrote...
#1
Posts: 128
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

drdoombot Author
wrote...

A year ago
This helped my grade so much Perfect
lierac00
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Jadakiss
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1291 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1025
  
 176
  
 407
Your Opinion
Do you believe in global warming?
Votes: 423
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?