Three Waters Co. had sales of $1,400,000 last year on fixed assets of $270,000. Given that Three Waterss 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 Three Waters Co. have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)

$1,580,645

$1,505,376

$1,430,107

$1,354,838

When you consider that Three Waterss fixed assets were being underused, what should be the firms target fixed assets to sales ratio? (Note: Round your answer to two decimal places.)

17.04%

18.84%

16.15%

17.94%

Suppose Three Waters is forecasting sales growth of 18% 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.)