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Three Waters Co. currently has $575,000 in total assets and sales of $1,400,000. Half of Three Waters's total assets come from net fixed assets, and

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Three Waters Co. currently has $575,000 in total assets and sales of $1,400,000. Half of Three Waters's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 19% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is $ Three Waters was using its fixed assets at only 94% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? O $1,787,234 O $1,563,830 O $1,265,958 O $1,489,362 When you consider that Three Waters's fixed assets were being underused, its target fixed assets to sales ratio should be %. When you consider that Three Waters's fixed assets were being underused, how much fixed assets must Three Waters raise to support its expected sales for next year? $35,802 $40,916 O $34,097 O $28,982

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