Full capacity alen = Atralmion Iinally, management would use the tarpet fixed asgets ratio with the projected sales to calculate the flim ' required level of fxed assets as follown: Required level of fixed assets = (Target fixed assets/Soles) (Projected sales) Quantitative Problem 2: Mitchei Manufacturing Company has $1,800,000,000 in sales and $400,000,000 in fixed assets. Currently, the company's fired assite are operating at 70 os of capacity. a. What levol of sales could Mitchell have obtained if it had been operating at full capaoty? po not round intermediate caloilations. Round your annwer ta the nearent follar. b. What is Mitchells Taroet fixed assets/5ales ratio? Do not round intermedlate calculations. Round your answer to two decinat placnsi c. It Mitchelifs sales increise by 60%, how large of an increase in foced assets will the company need to meet ies Target fixed assett/sales ratio? Do not round intermediate calculations. Round your answor to the nearest dollar