i do not understand how $\mathrm{.}72$ was calculated. Saut$$ed

One Pot Che...

jetson space...

lawerence c$...$

Lawrence Co$...$

Lawrence Co$...$

Chegg

Jdies $=\frac{0}{{?}_0}U$

Profit margin $=8\mathrm{.}3\%$

Net profit $=8\mathrm{.}3\%$ of $6260=$$$519\mathrm{.}58$

ROE$=18\mathrm{.}9\%$

ROE$=$ Net Income $/$ Equity

$18\mathrm{.}9\%=\frac{519\mathrm{.}59}{?}$ Equity

Equity $=2749\mathrm{.}10$

Long term Debt$/($Long term Debt$+$Equity$)=0\mathrm{.}28$

Long term Debt $={0\mathrm{.}28}^{**}$ Long term Debt$+(2749\mathrm{.}1*0\mathrm{.}28)$

${0\mathrm{.}72}^{**}.$ong term Debt $=769\mathrm{.}948$

Longiterm Debt $=1069\mathrm{.}09$

Current Liabilities $=840$

Total Liabilities $=$ Equity $+$ Debt $+$ Current Liabilites

Total Liabilities $=2749\mathrm{.}10+1069\mathrm{.}09+840$

Total Liabilities $=4658\mathrm{.}19$

Therefore, Total Assets $=4658\mathrm{.}19$

Current Ratio $=$ Current Assets $\frac{?}{?}$ Current liabilites

$1\mathrm{.}4=$ Current Assets $\frac{?}{840}$

Current Assets $=1176$

Net Fixed Assets $=$ Total Assets $-$ Current Assets

Net Fixed Assets $=4658\mathrm{.}19-1176$

Net Fixed Assets $=$$$3\mathrm{.}482\mathrm{.}19$

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