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

question 10

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Last year Jain Technologies had $250 million of sales and $100 million of fixed assets,so its FA/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 FA/Sales ratio should the company set?


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A value used in statistical hypothesis testing to determine if there is a significant difference between two sample means.

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A table used to summarize the sources of variability in an analysis of variance, which helps determine whether there are significant differences between group means.

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