Question
Last year Powell Manufacturing utilized its fixed assets of $2,415,000 to 72 percent of their capacity in generating sales of $12,420,000. What is Powell's target
Last year Powell Manufacturing utilized its fixed assets of $2,415,000 to 72 percent of their capacity in generating sales of $12,420,000. What is Powell's target fixed assets to sales ratio?
| 12.6% |
| 14.0% |
| 16.3% |
| 19.4% |
| 28.0% |
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Handbook Of Recent Advances In Commodity And Financial Modeling
Authors: Giorgio Consigli, Silvana Stefani, Giovanni Zambruno
1st Edition
3319613189, 978-3319613185
