Three Waters Co. had sales of $1,550,000 last year on fixed assets of $395,000. Given that Three Waters's fixed assets were being used at only 92% of capacity, then the firm's 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.) O $1,937,500 O $1,684,783 $1,516,305 $1,432,066 When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.) 21.11% 19.93% 23.45% 26.97% Suppose Three Waters 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 (Note: Round your answer to two decimal places.)