Western Gas & Electric Co. (WG&E) currently has $610,000 in total assets and sales of $1,820,000. Half of WG&Es total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 18% 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 94% 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.)

$1,936,170

$1,742,553

$2,323,404

$2,032,979

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.)

$33,306

$34,971

$29,975

$39,967