Lazzy Manufacturing Company has P2.5 billion in sales and P0.80 billion in fixed . Currently, the company’s fixed assets are operating at 80% of If Lazzy’s sales increased by 35 percent, how large is the increase in fixed assets will the company need to meet its target fixed asset to sales ratio?
Lazzy Manufacturing Company has P2.5 billion in sales and P0.80 billion in fixed . Currently, the company’s fixed assets are operating at 80% of If Lazzy’s sales increased by 35 percent, how large is the increase in fixed assets will the company need to meet its target fixed asset to sales ratio?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- Lazzy Manufacturing Company has P2.5 billion in sales and P0.80 billion in fixed . Currently, the company’s fixed assets are operating at 80% of If Lazzy’s sales increased by 35 percent, how large is the increase in fixed assets will the company need to meet its target fixed asset to sales ratio?
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