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 ?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...

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