Three Waters Co. had sales of $1,720,000 last year on fixed assets of $330,000. Given that Three Waters's fixed assets were being used at only 95% of capacity, then the firm's fixed asset turnover ratio was How much sales could Three Waters Co. have supported w O $2,172,631 $1,991,579 O $2,082,105 $1,810,526 Ⓒ20.05% 21.88% 20.96% 5.9938x 18.23% 4.1696x When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 4.4302x 5.212x ent level of fixed assets? Suppose Three Waters 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

Three Waters Co. had sales of $1,720,000 last year on fixed assets of $330,000. Given that Three Waters's fixed assets were being used at only 95% of capacity, then the firm's fixed asset turnover ratio was How much sales could Three Waters Co. have supported w O $2,172,631 $1,991,579 O $2,082,105 $1,810,526 Ⓒ20.05% 21.88% 20.96% 5.9938x 18.23% 4.1696x When you consider that Three Waters's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? 4.4302x 5.212x ent level of fixed assets? Suppose Three Waters 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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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