5. Excess capacity adjustments Aa Aa Tink Inc. had sales of $1,790,000 last year on fixed assets of $330,000. Given that Tink's fixed assets were being used at only 96% of capacity, then the firm's fixed-asset turnover ratio was How much sales could Tink Inc. have supported with its current level of fixed assets? $1,864,583 $1,584,896 o $1,771,354 o $2,237,500 When you consider that Tink's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 17.70% o 20.36% 15.05% 21.24% Suppose Tink is forecasting sales growth of 21% for this year. If existing and new fixed assets are used at 100% capacity, the firm's expected fixed-assets turnover ratio for this year is