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Business, 21.12.2019 05:31 phuvn5543

Last year national aeronautics had a fa/sales ratio of 40%, comprised of $250 million of sales and $100 million of fixed assets. however, its fixed assets were used at only 75% 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 fa/sales ratio should the company set?

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