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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

Correct Answer:

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