growth rate is 21%

Monk. Consortium Corp. (Monk-Con) had sales of $1,550,000 last year on fixed assets of $395,000. Given that Monk-Con's fixed assets were being used at only 96% of capacity, then the firm's fixed asset turnover ratio was How much sales could Monk Consortium Corp. (Monk-Con) have supported y $1,453,125$1,533,854$1,372,396$1,614,583 $1,453,125$1,533,854$1,372,396$1,614,583 When you consider that Monk-Con's fixnd assets were being underused, what should be the firm's target fixed assets to sates ratio? fixed assets tumover rotio for this year is