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Western Gas & Electric Co. (WG&E) currently has $645,000 in total assets and sales of $1,550,000. Half of WG&E's total assets come from net fixed
Western Gas \& Electric Co. (WG\&E) currently has $645,000 in total assets and sales of $1,550,000. Half of WG\&E's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 22% 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 93% 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.) $1,666,667$2,000,000$1,750,000$1,833,334 When you consider that WG\&E's 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\&E's 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.) $43,408$52,090$47,749$45,578
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