Water and Power Co. (W\&P) had sales of $1,550,000 last year on fixed assets of $380,000. Glven that Wip's fixed assets were being used at only 94% of capacity, then the firm's fixed asset turnover ratio was How much saies could Water and Power Co. (WBP) have supported with its current level of fixed assets? $1,484,042$1,731,383$1,401,596$1,648,936 When you consider that wap's foced assets were being underused, what should be the firm's target foxed assets to sales ratio? 19.59% 20.75% 23.05% 24.20% Suppose W\&P is forecasting sales growth of 22% for this year If existing and new fixed assets are used at 100% copacity, the firm's expected fixed assets turnover ratio for this year is