finance

3. Excess capacity adjustments Three Waters Co, had sales of $1,720,000 last year on fixed assets of $380,000. Given that Three Waters's fixed assets were being used at only 93% of capacty, then the firm's fixed asset turnover ratio was How much sales could Three Waters Co. have supported 3,6208 int level of fixed assets? 4.526x O $1,849,462 3.8471x $1,941,935 4.9786 $2,126,881 $2,219,354 When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 20.55% 24.66% 23.63% 21.58% Suppose Three Waters is forecasting sales growth of 22% for this year. If existing and new fixed assets are used at 100capacity, the firm's expected fixed assets turnover ratio for this year is 3. Excess capacity adjustments Three Waters Co. had sales of $1,720,000 tast year on fixed assets of $380,000. Given that Three Waters's fixed assets were being used at only 93% of capacity, then the firm's fixed asset turnover ratio was How much sales could Three Waters Co. have supported with its current level of fixed assets? $1,849,462 $1,941,935 $2,126,881 $2,219,354 When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 20.55% 24.66% 5.597 23.6395 5.840 21.58% 5.110X 4.367x Suppose Three Waters is forecasting sales fixed assets turnover ratio for this year is 22% for this year. It udsting and new fixed assets are used at 100capacity, the firm's expected