Ch 16: Assignment - Financial Planning and Forecasting Western Gas & Electric Co. (WG&E) currently has $490,000 in total assets and sales of $1,550,000. Half of WGBE's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 19% in the next year. According to the AFN equation, the amount of additional assets required to support this level of sales is s 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? O $1,631,579 $1,876,316 $1,550,000 $1,386,842 When you consider that WG&E's fixed assets were being underused, is target fixed assets to sales ratio should be 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? $36,768 O $31,972 $27,176 $30,373