Monk Consortium Corp. $($Monk$-$Con$)$ had sales of $$1,720,000$ last year on fixed assets of $$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 with its current level of fixed assets?

$$1,522,917$

$$1,791,667$

$$1,970,834$

$$1,881,250$

When you consider that Monk$-$Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio?

$22\mathrm{.}05\%$

$18\mathrm{.}74\%$

$24\mathrm{.}26\%$

$23\mathrm{.}15\%$

Suppose Monk$-$Con is forecasting sales growth of $22\%$ 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 $?$