Western Gas & Electric Co. (WG&E) currently has $490,000 in total assets and sales of $1,790,000. Half of WG&Es total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 21% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is

. (Note: Round your answer to the nearest whole number.)

WG&E was using its fixed assets at only 92% of capacity last year. How much sales could the firm have supported last year with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)

a. $1,751,087

b. $1,945,652

c. $2,042,935

d. $2,237,500

When you consider that WG&Es fixed assets were being underused, its target fixed assets to sales ratio should be ............%. (Note: Round your answer to two decimal places.)

When you consider that WG&Es fixed assets were being underused, how much fixed assets must WG&E raise to support its expected sales for next year? (Note: Round your answer to the nearest whole number.)

a. $29,121

b. $27,734

c. $24,961

d. $31,894