Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used at only 96% of capacity, then the firm's fixed asset turnover ratio was x. (Note: Round your answer to two decimal places.) How much sales could Western Gas & Electric Co. (WG&E) have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) O $1,433,334 $1,881,250 O $1,791,667 O $1,612,500 When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.). O23.15% 22.05% 19.85% O 17.64% Suppose WG&E is forecasting sales growth of 21% 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 (Note: Round your answer to two decimal places.)
Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used at only 96% of capacity, then the firm's fixed asset turnover ratio was x. (Note: Round your answer to two decimal places.) How much sales could Western Gas & Electric Co. (WG&E) have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) O $1,433,334 $1,881,250 O $1,791,667 O $1,612,500 When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your answer to two decimal places.). O23.15% 22.05% 19.85% O 17.64% Suppose WG&E is forecasting sales growth of 21% 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 (Note: Round your answer to two decimal places.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Western Gas & Electric Co. (WG&E) had sales of $1,720,000 last year on fixed assets of $395,000. Given that WG&E's fixed assets were being used at
only 96% of capacity, then the firm's fixed asset turnover ratio was
x. (Note: Round your answer to two decimal places.)
How much sales could Western Gas & Electric Co. (WG&E) have supported with its current level of fixed assets? (Note: Round your answer to the
nearest whole number.)
O $1,433,334
$1,881,250
O $1,791,667
$1,612,500
When you consider that WG&E's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: Round your
answer to two decimal places.).
23.15%
22.05%
19.85%
O 17.64%
Suppose WG&E is forecasting sales growth of 21% 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
(Note: Round your answer to two decimal places.)
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