Three Waters Co. had sales of $1,720,000 last year on fixed assets of $270,000. Given that Three Waters's fixed assets were being used at only 96.00% of capacity, then the firm's fixed asset turnover ratio (rounded to three decimal places) was How much sales could Three Waters Co. have supported with its current level of fixed assets? $1,702,084$1,791,667$1,970,834$2,060,417 When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 14.345%15.100%16.610%17.365% Suppose Three Waters is forecasting sales growth of 22% for this year. If its existing and new fixed assets are used at 100% capacity, then the firm's expected fixed-assets turnover ratio (rounded to three decimal places) for this year will be