need for the coming year. Do not round intermediate calculations. Round your answer to the nearest dollar. $ First, the firm's management must find out the firm's full capacity sales as follows: Fullcapacitysales=PercentageofcapacityatwhichfixedassetswereoperatedActualsales Next, management would calculate the firm's target fixed assets ratio as follows: SalesTotalfixedassets=FullcapacitysalesActualfixedassets Finally, management would use the target fixed assets ratio with the projected sales to calculate the firm's required level of fixed assets follows Required level of fixed assets =( Target fixed assets / Sales ) Projected sales capacity. $ b. What is Mitchell's Target fixed assets/Sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % Round your answer to the nearest dollar. $