Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used atonly 96% of capacity, then the firm's fixed asset turnover ratio wasx. (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 thenearest whole number.)O $1,433,334$1,881,250O $1,791,667$1,612,500When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round youranswer to two decimal places.).23.15%22.05%19.85%O 17.64%Suppose WG&E is forecasting sales growth of 21% 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(Note: Round your answer to two decimal places.)

Fixed assets turnover ratio is the ratio between sales and total fixed assets. The formula for…

Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used at only 96% of capacity, then the firm's 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.) O $1,433,334 $1,881,250 O $1,791,667 O $1,612,500 When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.). O23.15% 22.05% 19.85% O 17.64% Suppose WG&E is forecasting sales growth of 21% 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 (Note: Round your answer to two decimal places.)

Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used at only 96% of capacity, then the firm's 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.) O $1,433,334 $1,881,250 O $1,791,667 O $1,612,500 When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.). O23.15% 22.05% 19.85% O 17.64% Suppose WG&E is forecasting sales growth of 21% 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 (Note: Round your answer to two decimal places.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...

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