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8. Last year Jain Technologies had $320 million of sales and $100 million of fixed assets, so its FA/Sales ratio was 40%. fix
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Answer #1

Answer E) 39.1 %

Explanation :- when 80% capacity is used, FA = 100

When 100% capacity is used, FA = 100/80 ×100

= 125

Sales = 320

Therefore FA/Sales = 125 / 320

= 39.1%

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