A fiRm Has Sales of $650,969 and Is Operating at 83

question 337

Multiple Choice

A firm has sales of $650,969 and is operating at 83% capacity. The firm has total assets of $498,300 and current assets of $86,900. What is the capital intensity ratio at full capacity?

• A) .52
• B) .64
• C) 1.04
• D) 1.58
• E) 1.92

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Definitions:

Product Variety

The assortment or mix of different products that a company offers to its customers.

Homogeneous Preferences

A situation in market analysis where consumers have similar tastes and preferences for goods or services.

Product Variety

Product Variety is the assortment of different goods and services that a company offers to meet consumer preferences and demands.

Advertising

The process or occupation of creating promotional content for goods or services.