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Water and Power Co . ( W&P ) had sales of $ 1 , 7 9 0 , 0 0 0 last year on fixed
Water and Power CoW&P had sales of $ last year on fixed assets of $ Given that W&Ps fixed assets were being used at only of capacity, then the firms fixed asset turnover ratio was
xNote: Round your answer to two decimal places.
How much sales could Water and Power CoW&P have supported with its current level of fixed assets? Note: Round your answer to the nearest whole number.
$
$
$
$
When you consider that W&Ps fixed assets were being underused, what should be the firms target fixed assets to sales ratio? Note: Round your answer to two decimal places.
Suppose W&P is forecasting sales growth of for this year. If existing and new fixed assets are used at capacity, the firms expected fixedassets turnover ratio for this year is Note: Round your answer to two decimal places.
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