Question
The Ashwood Company has a long-term debt ratio of 0.40 and a current ratio of 1.20. Current liabilities are $990, sales are $5,155, profit margin
The Ashwood Company has a long-term debt ratio of 0.40 and a current ratio of 1.20. Current liabilities are $990, sales are $5,155, profit margin is 9.20 percent, and ROE is 16.40 percent. What is the amount of the firm's net fixed assets?
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