Newtown Propane currently has $490,000 in total assets and sales of $1,820,000. Half of Newtowns total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 20% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is______?(Note: Round your answer to the nearest whole number.)

Newtown was using its fixed assets at only 95% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)

$1,628,421

$1,915,789

$2,298,947

$2,107,368

When you consider that Newtowns fixed assets were being underused, its target fixed assets to sales ratio should be?_________%. (Note: Round your answer to two decimal places.)

When you consider that Newtowns fixed assets were being underused, how much fixed assets must Newtown raise to support its expected sales for next year? (Note: Round your answer to the nearest whole number.)

$41,160

$34,300

$29,155

$37,730