Question
ABC Incorporated has total assets of $550,000 and a debt ratio of 60 percent. If last year's sales were $950,000 and sales are expected to
ABC Incorporated has total assets of $550,000 and a debt ratio of 60 percent. If last year's sales were $950,000 and sales are expected to grow 10 percent in the future, what is ABC Incorporated capital intensity ratio?
Multiple Choice
0.52
1.90
0.58
1.72
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
