https://impressstudy.com/wp-content/uploads/2021/12/plogo-300x75.png 0 0 Peter https://impressstudy.com/wp-content/uploads/2021/12/plogo-300x75.png Peter2021-12-07 16:15:142021-12-07 16:15:146 Amount of firm net fixed assets
6 Amount of firm net fixed assets
The Maurer Company has a long-term debt ratio of .27 and a current ratio of 1.30. Current liabilities are $830, sales are $6,250, profit margin is 8.6 percent, and ROE is 18.8 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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