Southeastern Oklahoma State​ University's business program has the facilities and faculty to handle an enrollment of 2,200 new students per semester.​ However, in an effort to limit class sizes to a​ "reasonable" level​ (under 200,​ generally), Southeastern's​ dean, Holly​ Lutze, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last​ semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southea

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Southeastern Oklahoma State​ University's business program has the facilities and faculty to handle an enrollment of 2,200
new students per semester.​ However, in an effort to limit class sizes to a​ "reasonable" level​ (under 200,​ generally), Southeastern's​ dean, Holly​ Lutze, placed a ceiling on enrollment of 1,500
new students. Although there was ample demand for business courses last​ semester, conflicting schedules allowed only 1,420 new students to take business courses.
The utilization rate for Southeastern​ =______% ​(enter your response as a percentage rounded to one decimal​ place).
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