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You answered the first part ($1,915,789), but didn't answer the rest. I'm posting the whole question again. Western Gas & Electric Co. (WG&E) currently has
You answered the first part ($1,915,789), but didn't answer the rest. I'm posting the whole question again.
Western Gas \& Electric Co. (WG\&E) currently has $575,000 in total assets and sales of $1,820,000. 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 20% 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 95% 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.) $1,724,210$1,820,000$1,532,631$1,915,789 When you consider that WG\&E's fixed assets were being underused, its target fixed assets to sales ratio should be answer to two decimal places.) \%. (Note: Round your 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.) $32,200 $40,250 $36,225 $38,238
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