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Q4) The Fortier Company has a long-term debt ratio of 0.45 and a current ratio of 1.40. Current liabilities are $900, sales are $6,430,
Q4) The Fortier Company has a long-term debt ratio of 0.45 and a current ratio of 1.40. Current liabilities are $900, sales are $6,430, profit margin is 9.5%, and ROE is 19.5%. What is the amount of the firm's net fixed assets? (10 Points)
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield
8th Canadian Edition
978-0071051606
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