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1. The Driden Corporation has a long-term debt ratio of .3 and a current ratio of 1.7. Current liabilities are $1,120, sales are $7,320, profit
1. The Driden Corporation has a long-term debt ratio of .3 and a current ratio of 1.7. Current liabilities are $1,120, sales are $7,320, profit margin is 7.7%, and ROE is 17 percent. What is the amount of the firm's net fixed assets? 2. JB Corp has current liabilities of $412,000, a quick ratio of .75, inventory turnover of 9.6, and a current ratio of 1.65. What is the cost of goods sold for the company? 3. Lancaster Toys has a profit margin of 7.5 percent, a total asset turnover of 1.71 and a return on equity of 21.01 percent. What is the debt-equity ratio
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