55.3k views
1 vote
Osato Chemicals inc had sales of $1,550,000 last year on fixed assets of $395,000. Glven that Osato's fixed assets were being used at only 94% of capacity, then the firm's fixed asset turnover ratio was x. (Note: Round your answer to two decimal places.) How much sales could Osato Chemicals inc. have supported with its current level of fixed assets? (Note: Round your answer to the nearest whole numberi) $1,896,276$1,648,936$1,484,042$1,976,723​ When you consider that Osato's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio? (Note: flound your. answer to two decirnal places.) 28.74% 21.56% 27.544 23.9546 Suppose Deato is forecasting sales growth of 21% for this year, If existing and new fixed assets are used at 100% capacity, the firm 3 expected fixedassets turnover ratio for this year is (Note: Round your answer to fwo decimal places.)

1 Answer

2 votes

86580443 is your answer

User LCZ
by
8.1k points