QUESTION 15 A company has an EPS of $3.53, a book value per share of $17.13, and a market/book ratio of 1.72X. What is its P/E ratio? State your answer to 2 decimal places, QUESTION 16 Last year Jain Technologies had $250 million of sales and S100 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? a. 16.0% b.18.4% c. 13.3% d. 18.2% e. 14.1%