Inman industries has 25 million in sales and 08 million in


Inman industries has $2.5 million in sales and $0.8 million in fixed assets. Currently, the company’s fixed assets are operating at 75% of capacity.

What is Inman’s target fixed assets/sales ratio?

a. 5.5%

b. 10.0%

c. 12.5%

d. 24.0%

e. 20.8%

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Inman industries has 25 million in sales and 08 million in
Reference No:- TGS02392793

Expected delivery within 24 Hours