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Osato Chemicals Inc. had sales of $ 1 , 7 2 0 , 0 0 0 last year on fixed assets of $ 3 3

Osato Chemicals Inc. had sales of $1,720,000 last year on fixed assets of $330,000. Given that Osatos fixed assets were being used at only 93% of capacity, then the firms fixed asset turnover ratio was ______x.(Note: Round your answer to two decimal places.)
How much sales could Osato Chemicals Inc. have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)
a. $1,849,462
b. $2,219,354
c. $1,479,570
d. $1,941,935
When you consider that Osatos fixed assets were being underused, what should be the firms target fixed assets to sales ratio? (Note: Round your answer to two decimal places.)
a.14.27%
b.18.73%
c.17.84%
d.21.41%
Suppose Osato is forecasting sales growth of 21% for this year. If existing and new fixed assets are used at 100% capacity, the firms expected fixed-assets turnover ratio for this year is _______.(Note: Round your answer to two decimal places.)

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