Question: Question 33 4 points Save Answer Last year Jain Technologies had $250 million of sales and 5100 milion of fixed assets, so its Fixed Assets/Sales

Question 33 4 points Save Answer Last year Jain Technologies had $250 million of sales and 5100 milion of fixed assets, so its Fixed Assets/Sales ratio was 40% However, its fixed assets are used at only 40% capacity. Now the company is developing its financial forecast for the coming year As part of the process, the company wants to set is target Fixed Assets/Sales ratio at the level it would have had had it been operating at full capacity What target Fixed Assets/Sales ratio should the company set? 13 34 18.2% 16.0% 14 1%

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