Ch 17- Assignment - Financial Planning and Forecasting Back to Assignment Attempts Keep the Highest / 4 3. Excess capacity adjustments Western Gas \& Electric Co. (WG\&E) had sales of $1,550,000 last year on fixed assets of $270,000. Given that WG\&E's fixed assets were being used at only 96% of capacity, then the firm's fixed asset turnover ratio was How much sales could Western Gas \& Electric Co. (WG\&E) have supp 5.741x s current level of fixed assets? $1,695,312 $1,937,500 6.60215x 6.3151x $1,372,396 4.87985x $1,614,583 When you consider that WG\&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 14.21% 16.72% 17.56% 20.06% Suppose WG\&E is forecasting sales growth of 20% 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 ? Western Gas \& Electric Co. (WG\&E) had sales of $1,550,000 last year on fixed assets of $270,000. Given that WG\&E's fixed assets were being used at only 96% of capacity, then the firm's fixed asset turnover ratio was How much sales could Western Gas \& Electric Co. (WG\&E) have supported with its current level of fixed assets? $1,695,312$1,937,500$1,372,396$1,614,583 When you consider that WG\&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 14.21% 16.72% 17.56% 20.06% Suppose WG\&E is forecasting sales 5.980x assets turnover ratio for this year is 0% for this year. If existing and new fixed assets are used at 100% capacity, the firm's expected fixed