Question
The Acme Widget Company has a ratio of long-term debt-to-total assets of .40, D/E of .95 and a current ratio of 1.30. Current liabilities are
The Acme Widget Company has a ratio of long-term debt-to-total assets of .40, D/E of .95 and a current ratio of 1.30. Current liabilities are $900, sales are $5,320, net profit margin is 9.4%, and ROE is 18.2%. What is the amount of the firms net fixed assets?
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Cases In Healthcare Finance
Authors: Louis C. Gapenski
3rd Edition
1567932444, 9781567932447
