Water and Power Co. (W&P) currently has $490,000 in total assets and sales of $1,820,000. Half...

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Water and Power Co. (W&P) currently has $490,000 in total assets and sales of $1,820,000. Half of W&P's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 21% in the next year. According to the additional funds needed (AFN) equation, the amount of additional assets required to support this level of sales is $ This year, the company is currently operating at full capacity. W&P was using its fixed assets at only 96% of capacity last year. What amount of sales could the firm have supported last year? $1,895,833 $2,275,000 O $2,180,208 $1,990,625 When you consider that W&P's fixed assets were being underused last year, its target fixed assets to sales ratio should be %. The firm expects sales to grow by 21% in the next year. When you consider that W&P's fixed assets were being underused last year, what amount of fixed assets must W&P raise to support its expected sales for next year? $45,531 $39,592 $47,510 O $41,572 Water and Power Co. (W&P) currently has $490,000 in total assets and sales of $1,820,000. Half of W&P's total assets come from net fixed assets, and the rest are current assets. The firm expects sales to grow by 21% in the next year. According to the additional funds needed (AFN) equation, the amount of additional assets required to support this level of sales is $ This year, the company is currently operating at full capacity. W&P was using its fixed assets at only 96% of capacity last year. What amount of sales could the firm have supported last year? $1,895,833 $2,275,000 O $2,180,208 $1,990,625 When you consider that W&P's fixed assets were being underused last year, its target fixed assets to sales ratio should be %. The firm expects sales to grow by 21% in the next year. When you consider that W&P's fixed assets were being underused last year, what amount of fixed assets must W&P raise to support its expected sales for next year? $45,531 $39,592 $47,510 O $41,572