Monk Consortium Corp. (Monk-Con) had sales of $1,720,000 last year on fixed assets of $330,000. 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? $1,572,043$2,034,408$1,849,462$2,126,881 When you consider that Monk-Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 20.52% 17.84% 19.62% 15.16% Suppose Monk-Con is forecasting sales growth of 21% 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