Monk Consortium Corp. (Monk-Con) currently has $575,000 in total assets and sales of $1,400,000. Half of Monk-Con's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 20% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is $ Monk-Con was using its fixed assets at only 95% of capacity last yeac. How much sales could the firm have supported last year with its current level a fixed assets? $1,768,421$1,473,684$1,400,000$1,326,316 When you consider that Monk-Con's fixed assets were being underused, its target fixed assets to sales ratio should be When you consider that Monk-Con's fixed assets were being underused, how much fixed assets must Monk-Con raise to support its expected saies for next year? 548,300 540,250 When you consider that Monk-Con's fixed assets were being underused, its target fixed assets to sales ratio should be When you consider that Monk-Con's fixed assets were being underused, how much fixed assets must Monk-Con raise to support its expected sales for next year? $48,300$40,250$36,238$36,225