Western Gas \& Electric Co. (WG\&E) had sales of $1,720,000 last year on fixed assets of $345,000. Given that WG\&E's fixed assets were being used at only 94% of capacity, then the firm's fixed asset turnover ratio was How much sales could Western Gas \& Electric Co. (WG\&E) have supported with its current level of fixed assets? $1,921,276$1,829,787$1,738,298$2,012,766 When you consider that WG\&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 19.79% 20.74% 18.85% 17.91% Suppose WG\&E is forecasting sales growth of 22% for this year. If existing and new fixed assets are used at 100% capacity, the firm's expected fixed assets turnover ratio for this year is