Aubrey, Inc currently has an annual sale of $225,400. You estimate that the annual sale can grow
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Aubrey, Inc currently has an annual sale of $225,400. You estimate that the annual sale can grow to $322,000 without adding any new fixed asset. Currently, the company has $400,000 of fixed assets. What is Aubrey's fixed asset turnover ratio at full capacity?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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