$\frac{\text{T}\text{o}\text{t}\text{a}\text{l}\text{f}\text{i}\text{x}\text{e}\text{d}\text{a}\text{s}\text{s}\text{e}\text{t}\text{s}}{\text{S}\text{a}\text{l}\text{e}\text{s}}=\frac{\text{A}\text{c}\text{t}\text{u}\text{a}\text{l}\text{f}\text{i}\text{x}\text{e}\text{d}\text{a}\text{s}\text{s}\text{e}\text{t}\text{s}}{\text{F}\text{u}\text{l}\text{l}\text{c}\text{a}\text{p}\text{a}\text{c}\text{i}\text{t}\text{y}\text{s}\text{a}\text{l}\text{e}\text{s}}$

Finally, management would use the target fixed assets ratio with the projected sales to calculate the firm's required level of fixed assets as follows:

Required level of fixed assets Target fixed assets $\frac{?}{?}$ Sales