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A Toronto Firm Has Current Sales of $1,465,000 and Is

Question 308

Multiple Choice

A Toronto firm has current sales of $1,465,000 and is operating at 87% of its fixed asset capacity. How fast can the firm grow before any new fixed assets are needed?


A) 11.49%
B) 13.00 %
C) 14.94%
D) 15.07 %
E) 15.81 %

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