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Tink Inc. currently has $575,000 in total assets and sales of $1, 790,000. Half of Tink's total assets come from net fixed assets, and the

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Tink Inc. currently has $575,000 in total assets and sales of $1, 790,000. Half of Tink's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 22% in the next year. According to the AFN (additional funds needed) equation, the amount of additional assets required to support this level of sales is. The company is currently operating at full capacity. Tink was using its fixed assets at only 93% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? $1, 636, 021 $1, 828, 494 $2, 020, 968 $1, 924, 731 When you consider that Tink's fixed assets were being underused, its target fixed assets to sales ratio should be. When you consider that Tink's fixed assets were being underused, how much fixed assets must Tink raise to support its expected sales for next year? $40, 633 $44, 503 $38, 698 $30, 958

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