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Monk Consortium Corp. (Monk-Con) had sales of $1,400,000 last year on fixed assets of $345,000....

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Monk Consortium Corp. (Monk-Con) had sales of $1,400,000 last year on fixed assets of $345,000. Given that Monk-Con's fixed assets were being used at only 92% of capacity, then the firm's fixed asset turnover ratio was X. (Note: Round your answer to two decimal places.) How much sales could Monk Consortium Corp. (Monk-Con) have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole number.) $1,521,739 $1,445,652 $1,826,087 O $1,369,565 When you consider that Monk-Con'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.) 22.67% O 20.40% 4.41x 21.54% 3.97% O 27.20% 4.19x Suppose Monk-Con is forecasting sales gro fixed-assets turnover ratio for this year is 5.29% 8% for this year. If existing and new fixed assets are used at 100% capacity, the firm's expected (Note: Round your answer to two decimal places.)

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