Osato Chemicals Inc. had sales of $1,820,000 last year on fixed assets of $380,000. Given that Osatos fixed assets were being used at only 96% 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.)

$1,706,250

$1,990,625

$1,895,833

$2,275,000

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.)

20.04%

21.04%

18.04%

24.05%

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.)