Business, 30.03.2020 21:30 Thejedipriest9929
Last year Emery Industries had $450 million of sales and $225 million of fixed assets, so its FA/Sales ratio was 50%. However, its fixed assets were used at only 65% of capacity. If the company had been able to sell off enough of its fixed assets at book value so that it was operating at full capacity, with sales held constant at $450 million, how much cash (in millions) would it have generated
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Last year Emery Industries had $450 million of sales and $225 million of fixed assets, so its FA/Sal...
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