Last Year Jain Technologies Had $250 Million of Sales and $100

question 35

Multiple Choice

Last year Jain Technologies had $250 million of sales and $100 million of fixed assets,so its Fixed Assets/Sales ratio was 40%.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 Fixed Assets/Sales ratio should the company set?

• A)28.5%
• B)30.0%
• C)31.5%
• D)33.1%
• E)34.7%

---

Definitions:

Specific Questions

Targeted inquiries designed to elicit detailed or particular pieces of information, as opposed to general or open-ended questions.

Off Guard

A state of being unprepared or unsuspecting, often leading to vulnerability.

Orientation

The process of familiarizing new employees or members with an organization's policies, procedures, culture, and goals.

Rapport

A positive relationship or connection between people, characterized by mutual understanding, trust, and harmony.