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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 Co.(W&P) had sales of $1,790,000 last year on fixed assets of $380,000. Given that W&Ps fixed assets were being used at only 92% of capacity, then the firms fixed asset turnover ratio was
x.(Note: Round your answer to two decimal places.)
How much sales could Water and Power Co.(W&P) have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)
$2,042,935
$1,945,652
$1,751,087
$2,334,782
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.)
19.53%
17.58%
20.51%
23.44%
Suppose W&P is forecasting sales growth of 21% 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.)

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