The Corner Store Has $219,000 of Sales and $193,000 of Total

question 1

Multiple Choice

The Corner Store has $219,000 of sales and $193,000 of total assets.The firm is operating at 87 percent of capacity.What is the capital intensity ratio at full capacity?

• A)0.62
• B)0.68
• C)0.77
• D)1.35
• E)1.47

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