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Business, 19.11.2019 00:31 bejaranobella07

Last year jain technologies had $250 million of sales and $100 million of fixed assets, so its fixed assets/sales ratio was 40%. however, its fixed assets were used at only 40% 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 fixed assets/sales ratio should the company set?

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