Western Gas & Electric Co. (WG&E) had sales of $1,790,000 last year on fixed assets of $380,000. Given that WG&E’s fixed assets were being used at only 95% 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? $1,978,422 $2,072,632 $1,884,211 $1,507,369 When you consider that WG&E’s fixed assets were being underused, what should be the firm’s target fixed assets to sales ratio? 21.18% 22.19% 20.17% 16.14% 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 $1,790,000 last year on fixed assets of $380,000. Given that WG&E’s fixed assets were being used at only 95% 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? $1,978,422 $2,072,632 $1,884,211 $1,507,369 When you consider that WG&E’s fixed assets were being underused, what should be the firm’s target fixed assets to sales ratio? 21.18% 22.19% 20.17% 16.14% 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 ?
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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Western Gas & Electric Co. (WG&E) had sales of $1,790,000 last year on fixed assets of $380,000. Given that WG&E’s fixed assets were being used at only 95% 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?
$1,978,422
$2,072,632
$1,884,211
$1,507,369
When you consider that WG&E’s fixed assets were being underused, what should be the firm’s target fixed assets to sales ratio?
21.18%
22.19%
20.17%
16.14%
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 ?
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