Western Gas & Electric Co. (WG&E) had sales of $1,790,000 last year on fixed assets of $380,000. Given that WG&Es fixed assets were being used at only 92% of capacity, then the firms fixed asset turnover ratio was

x. (Note: Round your answer to two decimal places.)

How much sales could Western Gas & Electric Co. (WG&E) have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.)

$1,945,652

$1,751,087

$2,140,217

$1,848,369

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

19.53%

17.58%

21.48%

18.55%

Suppose WG&E is forecasting sales growth of 21% for this year. If existing and new fixed assets are used at 100% capacity, the firms expected fixed-assets turnover ratio for this year is .(Note: Round your answer to two decimal places.)