Monk Consortium Corp. (Monk-Con) had sales of $1,400,000 last year on fixed assets of $270,000. Given that Monk-Con's fixed assets were being used at only 92% of capacity, then the firm's fixed asset turnover ratio was x. (Note: Round your answer to two decimal places.) When you consider that Monk-Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.) O 20.40% O 15.97% O 14.19% O 17.74% 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 (Note: Round your answer to two decimal places.)