Osato Chemicals Inc. had sales of $1,550,000 last year on fixed assets of $270,000. Given that Osato's fixed assets were being used at only 94% of capacity, then the firm's fixed asset turnover ratio was How much sales could Osato Chemicals Inc. have supported with its current level of fixed assets? $1,484,042 $1,731,383 $1,566,489 $1,648,936 When you consider that Osato's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 17.19% 16.3296 15.55% 14.73% Suppose Osato is forecasting sales growth of 22% 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