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P3-20 Ratios and Fixed Assets [LO2] The Maurer Company has a long-term debt ratio of 30 and a current ratio of 1.50. Current liabilities are
P3-20 Ratios and Fixed Assets [LO2] The Maurer Company has a long-term debt ratio of 30 and a current ratio of 1.50. Current liabilities are $940, sales are $5,175, profit margin is 10.10 percent, and ROE is 18.70 percent. What is the amount of the firm's net fixed assets? Multiple Choice $2,137.88 O O $1,197.88 $3,493.82 O $3,522.93 O $4,932.93
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