Osato Chemicals Inc. had sales of $1,790,000 last year on fixed assets of $345,000. Given that Osatos fixed assets were being used at only 94% 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.)

$1,999,468

$1,523,404

$1,904,255

$2,285,106

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.)

18.12%

21.74%

14.50%

19.03%

Suppose Osato is forecasting sales growth of 20% 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.)