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 93% 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? $1,849,462 $2,219,354 $1,756,989 $1,479,570 When you consider that Monk-Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? O 25.63% O 21.36% O 17.09% O 20.29% Suppose Monk-Con is forecasting sales growth of 20% 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