Monk Consortium Corp. (Monk-Con) had sales of $1,550,000 last year on fixed assets of $380,000. Given that Monk-Con's fixed assets were being used at only 92% of capacity, then the firm's fixed asset turnover ratio was How much sales could Monk Consortium Corp. (Monk-Con) have supported with its current level of fixed assets? $1,684,783$1,516,305$2,021,740$1,769,022 When you consider that Monk-Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 27.06% 22.55%20.30%23.68% Suppose Monk-Con is forecasting sales growth of 19% 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